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As a result of the increase in exports, export-oriented industries in Andersonland increase expenditures on new container ships and equipment. (a) What component of aggregate
As a result of the increase in exports, export-oriented industries in Andersonland increase expenditures on new container ships and equipment.
(a) What component of aggregate demand will change?
(b) What is the impact on the long-run aggregate supply? Explain.
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