Refer to the Graph

question 95

Multiple Choice

Refer to the graph. Other things equal, an increase in labor productivity would cause a

• A)move from a to b on D₁.
• B)shift from D₂ to D₃.
• C)shift from D₃ to D₂.
• D)move from b to a on D₁.

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Definitions:

Standard of Living

The level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class in a certain geographic area.