Choose the correct statement about the las curve. a. the las curve shifts rightward when the money wage rate falls. b. the las shifts rightward when the sas curve shifts rightward and shifts leftward when the sas curve shifts leftward. c. the las curve is vertical because potential gdp is independent of the price level. d. along the las curve the money wage rate is constant and the real wage rate rises as the price level rises.

At december 31, 2016, pina corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,810 shares $10,781,000 common stock, $5 par, 4,026,000 shares 20,130,000 during 2017, pina did not issue any additional common stock. the following also occurred during 2017. income from continuing operations before taxes $21,950,000 discontinued operations (loss before taxes) $3,505,000 preferred dividends declared $1,078,100 common dividends declared $2,300,000 effective tax rate 35 % compute earnings per share data as it should appear in the 2017 income statement of pina corporation