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Product XYZ is in equilibrium at price $10 and quantity demanded and supplied at 250 quantities. A cut in income tax of workers by the

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Product XYZ is in equilibrium at price $10 and quantity demanded and supplied at 250 quantities. A cut in income tax of workers by the Canadian government to stimulate economic activities during COVID-19 resulted in a rightward shift in the demand curve. What would be the outcome of this curve shift if the supply curve is constant at the initial equilibrium? Select one: O a. shortage of XYZ is created, price increases, and the supply curve shifts to X the left O b. abundance of XYZ is created, price falls, and the supply curve shifts to the right O c. abundance of XYZ is created, price falls, and the supply curve shifts to the left O d. shortage of XYZ is created, price increases and equilibrium quantity increases O e. shortage of XYZ is created, price increases, and the supply curve shifts to the right

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