An increase in the money wage rate
A. increases the long-run aggregate supply.
B. decreases the long-run aggregate supply.
C. increases the short-run aggregate supply.
D. decreases the short-run aggregate supply.
Answer:D
An increase in the money wage rate
A. increases the long-run aggregate supply. B. decreases the long-run aggregate supply. C. increases the short-run aggregate supply. D. decreases the short-run aggregate supply.