Question 1 of 19 possible This question: 1 point(s) possible Submit quiz Choose the correct statement. O A. If there is a shortage of labour, the real wage rate falls to eliminate the shortage O B. The quantity of labour demanded in the economy during a given period depends on the quantity of labour supplied. C. The nominal wage influences the quantity of labour supplied because what matters to households is not the number of dollars they earn but what they can buy with those dollars. O D. Each additional hour of labour increases real GDP by successively smaller amounts