A Decrease in the Money Wage Rate Increases ________ and an Increase

question 228

Multiple Choice

A decrease in the money wage rate increases ________ and an increase in the full-employment quantity of labor increases ________.

• A) both the SAS and the LAS; only the SAS
• B) both the SAS and the LAS; only the LAS
• C) only the SAS; both the SAS and the LAS
• D) only the LAS; both the SAS and the LAS

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Definitions:

Structural Inequality

Describes systemic disparities in access to resources, opportunities, and rights that are embedded within the social, political, and economic structures of a society.

Functional

Pertains to the way in which something is used or operates, often focusing on the role that an element or process plays within a larger system.

Structural Functionalism

A viewpoint in sociology that sees society as an intricate system in which its components cooperate to foster unity and maintain equilibrium.

Societal Functionalism

A theory in sociology that considers society to be a sophisticated system where various elements cooperate to ensure unity and stability.