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I just need the first column figured out if it's AD or AS (aggregate demand) (aggregate supply) For each of the determinates listed below, list

I just need the first column figured out if it's AD or AS (aggregate demand) (aggregate supply)

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For each of the determinates listed below, list which curve shi decrease, and explain what happened to price level and real GI you as an example. (2 pts. ea.) Curve (AD or AS) Consumer nominal wealth increases AD Consumer expectations and confidence decrease Oil prices temporarily increase AS Technology and education increase As Personal taxes increase AD Natural disasters destroy capital and land Planned investment spending increases AD Business profit expectations decrease Employee wages decrease Government purchases increase Labor endowment increases Permanent increase in international trade barriers in resource markets Money supply decreases Permanent increase in business regulations National income abroad increases The government reduces the national strategic oil reserves by 20% Net export spending decreases Prices of raw materials temporarily increase Now try these on your own: Reduction in the real interest rate. AD inc Major increase in Federal spending for health care (with no increase in taxes) Sizable increase in labor productivity (with no change in nominal wages). AS incre Twelve percent increase in nominal wages (with no change in productivity)

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