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Explain how each of the following will affect long-run aggregate supply. (a) A increasein the labor force participation rate (b) A decreasein the government deficit

Explain how each of the following will affect long-run aggregate supply.

(a) A increasein the labor force participation rate

(b) A decreasein the government deficit following a reduction in personal income taxes

(c) Anincrease in availability of natural and renewable resources

(d) Adecrease in the quantity and quality of education

(e) A decreasein the rate of savingsby households

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