Other things remaining the same, a left shift in the supply curve ...

[Beheh]

Other things remaining the same, a left shift in the supply curve will lead to:
 
  A) a decrease in the equilibrium price and the equilibrium quantity.
  B) an increase in the equilibrium price and the equilibrium quantity.
  C) a decrease in the equilibrium price and an increase in the equilibrium quantity.
  D) an increase in the equilibrium price and a decrease in the equilibrium quantity.

Question 2

In a demand-pull inflation, money wage rates rise because
 
  A) a decrease in aggregate demand creates a labor shortage.
  B) an increase in aggregate demand creates a labor surplus.
  C) an increase in aggregate demand creates a labor shortage.
  D) a decrease in aggregate demand creates a labor surplus.
  E) an increase in aggregate supply creates a labor shortage.

[Gabe]

Answer to Question 1

D

Answer to Question 2

C

[Beheh]

Wow, this really help

[atrochim]

Thanks for the timely response, appreciate it