Which of the Following Statements Is True

question 118

Multiple Choice

Which of the following statements is true?

• A) A decrease in wage rates will shift the SRAS curve to the left.
• B) An adverse supply shock will shift the SRAS curve to the left.
• C) A fall in the prices of nonlabor inputs will shift the SRAS curve to the left.
• D) An increase in labor productivity will shift the SRAS curve to the left.
• E) c and d

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