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Business, 22.05.2020 02:05 jennychen2518pbmirn

Identify how each of the scenarios affects the short‑run aggregate supply curve.
a. The U. S. government increases the minimum wage.
b. Widespread adoption of the Internet by businesses increases productivity and efficiency.
c. The government decreases the payroll tax paid by employers.
d. A financial crisis causes businesses to anticipate a recessionary economy within the coming months.
e. The U. S. government decreases the personal income tax rate paid by households.

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Identify how each of the scenarios affects the short‑run aggregate supply curve.
a. The U. S....
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