The money wage rises, If the money wage rises, all else

The money wage rises

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Reference no: EM13836491

If the money wage rises, all else equal, economists would expect

a. aggregate demand to increase because firms hire more worker.

b. aggregate supply to decrease because firms costs increased.

c. aggregate supply to increase because firms profits increase

d. neither aggregate supply or demand change.

Reference no: EM13836491

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