Advanced Placement (AP), 01.06.2020 02:58 tiffanibell71
For the question below, write an explanation of the short-run effect (including the determinant of AD or AS that is causing the shift, the line that shifts (AD or AS), the direction of the shift (left or right), and the impact on output and price level (increase or decrease) and submit a properly drawn and labeled aggregate demand and aggregate supply graph for the scenario. Make sure your name and assignment number are written on each page of graphs you submit. All text must be written in the text box provided.
Assume that over the next ten years, the level of educational attainment in the US increases significantly.
please do the graph too :)
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1. which of the following factors would cause demand-pull inflation? a. serious crop failure b. significant decrease in the supply of oil c. increase in the money supply d. increase in the cost of raw materials for firms e. reduction in imports allowed into the country
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For the question below, write an explanation of the short-run effect (including the determinant of A...
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