History, 20.03.2020 20:42 AnActualTrashcan
What would be the immediate impact upon the economy if the minimum wage were raised higher than worker productivity?
A) The aggregate demand would shift to the left, causing inflation.
B) The price level would increase causing an excess in aggregate supply
C) The short-run aggregate supply would shift to the left, causing inflation.
D) Employment would increase as people began returning to the labor force, cause the LRAS curve to shift left.
Answers
Answer from: lilybear1700
B
Explanation:
Because if the person productivity is lower it would make more sense for the answer to be B
Answer from: Quest
deists, human beings can know god only via reason and the observation of nature, but not by revelation or by supernatural manifestations (such as miracles
Answer from: Quest
warfare was the primary means of cultural transmission in both regions.
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