Suppose the money wage rate rises from $25.00 to $25.92 an hour and consumer prices rises by 8 percent. What would be the effect in the labor market? Question content area bottom Part 1 We would expect _______ people to try to find a job and employed people to want to work _______ hours. A. fewer; shorter B. more; longer C. the same number of; shorter D. the same number of; the same number of Part 2 The _______ would _______. A. quantity of labor supplied; remain the same B. quantity of labor supplied; decrease C. supply of labor; decrease D. supply of labor; remain the same