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For each of the following events, determine whether it changes the quantity of real GDP supplied, short-run aggregate supply, long run aggregate supply, or a
For each of the following events, determine whether it changes the quantity of real GDP supplied, short-run aggregate supply, long run aggregate supply, or a combination of them. (a) Automotive firms in the United States switch to a new technology that raises productivity. (b) the prices of auto parts imported from China rise. (c) Toyota and Hinda build additional plants in the United States. (d) Auto plant owners agree to give autoworkers a higher money wage rate.
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