The Government Passes a Law Which Doubles the Wages of All

question 168

Multiple Choice

The government passes a law which doubles the wages of all workers.Aggregate supply will ________,and real GDP will ________,and the price level will ________.

• A)increase;remain the same;increase.
• B)remain the same;increase;increase.
• C)increase;increase;remain the same.
• D)decrease;increase;increase.
• E)decrease;decrease;increase.

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Definitions:

Left Ventricle

The chamber of the heart that receives oxygenated blood from the left atrium and pumps it into the aorta for circulation to the body.

Hypotension

A condition characterized by blood pressure that is lower than normal, which can lead to symptoms like dizziness and fainting.

Acute Blood Loss

A rapid, significant loss of blood that can lead to shock and requires immediate medical intervention.

Poor Diet

A nutritional regimen that lacks the necessary nutrients for good health and may lead to health complications.