If Efficiency Wages Became More Common

question 139

Multiple Choice

If efficiency wages became more common,

• A)both the long-run Phillips curve and the long-run aggregate supply curve would shift right.
• B)both the long-run Phillips curve and the long-run aggregate supply curve would shift left.
• C)the long-run Phillips curve would shift right,and the long-run aggregate supply curve would shift left.
• D)the long-run Phillips curve would shift left,and the long-run aggregate supply curve would shift right.

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Definitions:

White Female

A demographic category referring to women identified as white through racial or ethnic classification systems.

Hispanic Male

Refers to an individual of Hispanic descent who identifies as male.

Conditioning

A training method where a person's actions are increasingly influenced by the presence of a specific environmental cue.

Fear Neutral Stimuli

Stimuli that originally do not provoke fear responses but can become fear-inducing when associated with a negative event.