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List and briefly explain at least three factors with local industry examples that effect supply curve. List and briefly explain at least three factors with

  1. List and briefly explain at least three factors with local industry examples that effect supply curve.
  2. List and briefly explain at least three factors with local industry examples that effect Demand curve.
  3. Explain the difference between expansionary and contraction fiscal policy. What are the major criticisms against both of these policies?

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