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A- Anything that causes the cost of production to temporarily decrease will cause the short-run the long run neither both aggregate supply curves to shift left - shift right - remain

A- Anything that causes the cost of production to temporarily decrease will cause (the short-run - the long-run – neither - both) aggregate supply curve(s) to (shift left - shift right - remain constant). Ceteris paribus, this will temporarily (decrease - increase) output and (decrease - increase) the price level. B- A decrease in foreign investment in a country will (decrease - increase - not change) the country's capital stock and shift the LRAS to the (left – right) C- Suppose there is a decrease in government spending. In the short run output (decreases - increases - does not change) and in the long run output (decreases - increases - does not change)

Apr 05 2020 View more View Less

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