When an Increase in the Minimum Wage Raises the Natural

question 48

Multiple Choice

When an increase in the minimum wage raises the natural rate of unemployment:

• A)the short-run aggregate-supply curve shifts to the right, and the long-run aggregate-supply curve shifts to the left
• B)the short-run aggregate-supply curve shifts to the left, and the long-run aggregate-supply curve shifts to the right
• C)both short-run and long-run aggregate-supply curves shift to the left
• D)both short-run and long-run aggregate-supply curves shift to the right

---

Definitions:

Operative Table

A table specifically designed for patients to lie on during surgical procedures, usually adjustable for different positions.

Intravenous Catheter

A medical device inserted into a vein to deliver fluids, medications, or nutrients directly into the bloodstream, or to draw blood.

Anticoagulant

A substance that prevents blood clotting, often used in medical treatments to prevent strokes and heart attacks.

Vitamin E

A fat-soluble vitamin that acts as an antioxidant, helping to protect cells from damage caused by free radicals.