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Q1. The short run aggregate supply curve would shift down to the right as a result of: a) a fall in overall labour productivity with
Q1. The short run aggregate supply curve would shift down to the right as a result of:
a) a fall in overall labour productivity with money wage rates constant.
b) a rise in the marginal net tax rate on income.
c) a fall in the over level of government spending on goods and services.
d) a cut in an indirect tax rate like the GST.
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