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The following events have their initial impact on which of the following: aggregate demand, short-run aggregate supply, long-run aggregate supply, or both short-run and long-run aggregate supply? Do the curves shift to the right or left?

a. Government increases infrastructure investment.

b. Government rises the minimum wage.

c. The Federal Reserve decreases the money supply.

d. A bad weather condition lowers agricultural production.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91403998

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