Figure 29.6 lists the determinants of aggregate supply: input prices, productivity, and the legal-institutional environment. A change

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Figure 29.6 lists the determinants of aggregate supply: input prices, productivity, and the legal-institutional environment.

A change in any one of these factors will change per-unit production costs at each level of output and therefore will shift the aggregate supply curve.

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Economics Principles Problems And Policies

ISBN: 9780073511443

19th Edition

Authors: Campbell Mcconnell ,Stanley Brue ,Sean Flynn

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Question Posted: Oct 01, 2024 04:02 AM

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Figure 29.6 lists the determinants of aggregate supply: input prices, productivity, and the legal-institutional environment. A change

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Economics Principles Problems And Policies

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