If the money wage rises all else equal economists would


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.

Request for Solution File

Ask an Expert for Answer!!
Business Economics: If the money wage rises all else equal economists would
Reference No:- TGS01116723

Expected delivery within 24 Hours