Illustrate each of the following situations with a graph showing short-run aggregate supply: a. A decrease in

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Illustrate each of the following situations with a graph showing short-run aggregate supply:
a. A decrease in the size of the labor force
b. An increase in available capital
c. An increase in productivity as a result of a technological change
d. A decrease in the price of oil

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Principles of Macroeconomics

ISBN: 978-0134078809

12th edition

Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster

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