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Which of the following will shift the aggregate supply curve to the right? a. A new netwo

Which of the following will shift the aggregate supply curve to the right? a. A new netwo

Which of the following will shift the aggregate supply curve to the right?

a. A new networking technology increases productivity all over the economy.

b. The price of oil rises substantially.

c. Business taxes fall.

d. The government passes a law doubling all manufacturing wages.

5. At the current price level, producers supply $375 billion of final goods and services while consumers purchase $355 billion of final goods and services. The price level is:

a. Above equilibrium.

b. At equilibrium.

c. Below equilibrium.

d. More information is needed.

Abhinav 05-Dec-2019

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