As the Money Wage Rate Rises

question 105

Multiple Choice

As the money wage rate rises

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

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Definitions:

Positive Psychology

A branch of psychology focused on the study and enhancement of positive human functioning, happiness, and well-being.

Mihaly Csikszentmihalyi

A psychologist known for his work on the concept of "flow," a state of intense focus and immersion in activities.

Martin Seligman

A psychologist known for his work on the theory of learned helplessness and for being a founding figure in the field of positive psychology.

Barbara Fredrickson

A psychologist known for her research on positive emotions and their role in positive psychology and human flourishing.