If Efficiency Wages Became More Common

question 139

Multiple Choice

If efficiency wages became more common,

• A)both the long-run Phillips curve and the long-run aggregate supply curve would shift right.
• B)both the long-run Phillips curve and the long-run aggregate supply curve would shift left.
• C)the long-run Phillips curve would shift right,and the long-run aggregate supply curve would shift left.
• D)the long-run Phillips curve would shift left,and the long-run aggregate supply curve would shift right.

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The condition or character as to who a person or what a thing is; a distinctive characteristic defining individuals or groups.

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Deoxyribonucleic acid, the hereditary material in humans and almost all other organisms that contains the instructions necessary for building and maintaining an organism.

Gene

Section of DNA having the same arrangement of chemical elements.

Amine

Organic compounds derived from ammonia by replacement of one or more hydrogen atoms by hydrocarbon or other radicals; they play essential roles in biology as building blocks of proteins and neurotransmitters.