Explain whether each of the following events will increase, decrease, or have no effect

Chapter 33, Problem Problems and Applications 33.2

(choose chapter or problem)

Explain whether each of the following events will increase, decrease, or have no effect on long-run aggregate supply. a. The United States experiences a wave of immigration. b. Congress raises the minimum wage to $10 per hour. c. Intel invents a new and more powerful computer chip. d. A severe hurricane damages factories along the East Coast.

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