Part 2 - Practice- For each of the following situations, identify the determinant (shifter) and indicate if the short run aggregate supply (SRAS) would most likely increase, decrease, or not change. Situation Determinant of SRAS Change in SRAS 4. Raw material and resource prices increase significantly in the US 5. Computer technology brings new efficiency to industries. 6. There is a significant increase in consumer spending. 7. Labor productivity increases dramatically due to new training programs. 8. The government raises corporate taxes significantly. 9. An increase in expected inflation causes workers to demand higher wages 10. The government gives tax credits to businesses 11. There is a significant decrease in the price of electricity 12. Due to a trade dispute, oil prices more than double. 13. Businesses begin tracking inventories electronically, increasing efficiency. 14. A significant increase in government transfer payments to individuals