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3. Describe the change in aggregate supply that should result from each of the following changes in determinants. Assume that nothing else is changing besides
3. Describe the change in aggregate supply that should result from each of the following changes in determinants. Assume that nothing else is changing besides the identified change.
(a) A rise in the average price of inputs
(b) An increase in worker productivity
(c) Government antipollution regulations become stricter
(d) A new subsidy program is enacted for new business investment in productive equipment
(e) Energy prices decline
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