As the Money Wage Rate Rises

question 132

Multiple Choice

As the money wage rate rises,

• A)both the long- run aggregate supply curve and the short- run aggregate supply curve shift leftward.
• B)the short- run aggregate supply curve shifts rightward.
• C)the long- run aggregate supply curve shifts rightward.
• D)the short- run aggregate supply curve shifts leftward.

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Definitions:

Small Intestine

A long, coiled tube where most of the digestion and absorption of nutrients occurs, extending from the stomach to the large intestine.

Digestion

The process by which food is broken down into smaller components that can be absorbed and utilized by the body.

Emulsification

The process by which large fat droplets are broken down into smaller, uniformly distributed particles, usually aided by substances called emulsifiers.

Lipid Digestion

The process of breaking down fats into fatty acids and glycerol, mainly occurring in the small intestine.