If the Money Wage Rate Increases, Then the

question 56

Multiple Choice

If the money wage rate increases, then the

• A)aggregate demand curve shifts leftward.
• B)aggregate supply curve shifts rightward.
• C)aggregate supply curve shifts leftward.
• D)potential GDP decreases.
• E)potential GDP increases.

---

Definitions:

Narcotics Problem

Issues related to the misuse and dependence on illegal or prescription drugs with narcotic effects, often leading to addiction and various social, psychological, and health problems.

Heroin

A highly addictive drug derived from morphine that is illegal in most countries and is known for its euphoric effects.

Cocaine

A powerful stimulant drug derived from the leaves of the coca plant, often used recreationally and known for its potential for abuse and addiction.

Codeine

Codeine is an opiate used to treat pain, coughing, and diarrhea by acting on the central nervous system to relieve symptoms.