Use the figure below to answer the following questions. Figure 12.2.2 -Refer to Figure 12.2.2.Consider the market for labour as the short- run aggregate supply curve shifts leftward from SAS₀to SAS₁.This shift could have been the result of an agreement between workers and employers for a A)10 percent increase in the money wage rate. B)15 percent decrease in the money wage rate. C)10 percent increase in the real wage rate. D)15 percent increase in the money wage rate. E)10 percent decrease in the money wage rate.

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The Answer of Use the figure below to answer the following questions. Figure 12.2.2 -Refer to Figure 12.2.2.Consider the market for labour as the short- run aggregate supply curve shifts leftward from SAS₀to SAS₁.This shift could have been the result of an agreement between workers and employers for a A)10 percent increase in the money wage rate. B)15 percent decrease in the money wage rate. C)10 percent increase in the real wage rate. D)15 percent increase in the money wage rate. E)10 percent decrease in the money wage rate.

Use the Figure Below to Answer the Following Questions