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n. 5. For each of the following exogenous (external) factors, show the shift in AS. The economy begins in the intermediate AS range, so for

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n. 5. For each of the following exogenous (external) factors, show the shift in AS. The economy begins in the intermediate AS range, so for ease of analysis, the AS curve is depicted as modestly upward sloping and linear. Insert an arrow to clearly identify the shift. Below the graph, state the change increase, decrease, or no change in P and RGDP. Here is an example of a completed graph. The red arrow is sweep]; to show the new equilibn'um. p AS GDP Price Index \\ AD Real GDP Answer for P and RGDP: P decreases; RGDP increases a. The government invests in infrastructure which reduces production and distn'bution costs. P AS GDP Price Index AD Real GDP Answer for P and RGDP: b. Climate change reduces worldwide agricultural productivity. P AS GDP Price Index AD Real GDP Answer for P and RGDP: C. Artificial Intelligence is widely applied in many goods and services industries. P AS GDP Price Index AD Real GDP Answer for P and RGDP: d. Government restricts immigration. P AS GDP Price Index AD Real GDP Answer for P and RGDP

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