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Show using aggregate supply and demand analysis the effects of the following temporary shocks. Be sure to include any change to business cycle activity on your graph.

An increase in the interest rate.

Political unrest in the middle east reduces oil stocks

An increase in consumer spending.

Firms decide to purchase extra capital

A decrease in real wages.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91232126

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