Explain whether each of the following events shifts the short-run aggregate-supply
Chapter 33, Problem Problems and Applications 33.9(choose chapter or problem)
Explain whether each of the following events shifts the short-run aggregate-supply curve, the aggregate-demand curve, both, or neither. For each event that does shift a curve, draw a diagram to illustrate the effect on the economy. a. Households decide to save a larger share of their income. b. Florida orange groves suffer a prolonged period of below-freezing temperatures. c. Increased job opportunities overseas causemany people to leave the country
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