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.

---

Definitions:

Neutrophils

A type of white blood cell that plays a pivotal role in defending the body against infection by ingesting bacteria and fungi.

Monocytes

A type of white blood cell that plays a key role in the immune response by phagocytizing pathogens and dead cells.

Hemostasis

The process by which the body stops bleeding through blood clotting and constriction of blood vessels.

Coagulation

The process of blood changing from a liquid to a gel, forming a clot, usually after injury to prevent excessive bleeding.