The Table Given Below Reports the Average Hourly Wage Received

question 107

Multiple Choice

The table given below reports the average hourly wage received by laborers and the price index for two years.
Table 8.2
$\begin{array}{|l|c|c|}\hline & \text { Year 1 } & \text { Year 2 } \\\hline \text { Average hourly wage } & \$ 6.00 & \$ 7.00 \\\hline \text { Price index } & 117 & 125 \\\hline\end{array}$
-Refer to Table 8.2. The data in the table suggests that in year 2:

• A) aggregate supply remains constant.
• B) aggregate demand decreases.
• C) aggregate supply decreases.
• D) aggregate demand increases.
• E) aggregate supply increases

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Definitions:

Dimensional Approach

A method of categorizing characteristics on a continuum rather than as binary states, often used to analyze personality or mental health disorders.

Emotional Experience

The complex psychological state involving an individual's subjective experience, physiological response, and behavioral expression in response to an emotion-evoking stimulus.

Pleasantness

A quality of being agreeable or enjoyable to the senses or the mind.

Activation

Refers to the process in which neurons in the brain are stimulated to fire by information or experiences.