Question: how would a reduction in nominal wages shift the aggregate supply curve?a) left b) rightc) It wouldn't shift the aggregate supply curve d) I'm not

 how would a reduction in nominal wages shift the aggregate supply

how would a reduction in nominal wages shift the aggregate supply curve?a) left b) rightc) It wouldn't shift the aggregate supply curve d) I'm not sure

curve?a) left b) rightc) It wouldn't shift the aggregate supply curve d)

Figure 1: Hourly wage change distribution, 2005-06 vs. 2009-10 0.15 035 News: Washington at Distributions of four-quarter log hourly wage changes for 2005:2-2006:2 and 2009 3-2010-2 Th the histogram contain all oleer vations smaller than -0.255 and observations exceeding 0.255, respectively

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