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Short Run Event: The government creates a $15 Federal minimum wagerate. 1 .This short run shock would cause which curve to shift: AD or SRAS?

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Short Run Event: The government creates a $15 Federal minimum wagerate. 1 .This short run shock would cause which curve to shift: AD or SRAS? 2) Assume that the economy is at full employment. What type of macro-equilibrium will this short run shock create

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