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There should be three answers total. . 4 5 . 1 . . .6 . 1. Given a normal market demand curve for leather wallets

There should be three answers total.

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. 4 5 . 1 . . .6 . 1. Given a normal market demand curve for leather wallets and purses, if people find that backpacks are a better option, then there is an increase in demand for leather wallets and purses. there is a decrease in demand for leather wallets and purses. there is a decrease in the quantity demanded for leather wallets and purses. there is an increase in the quantity demanded for leather wallets and purses cannot be determined from information given. 2. The production possibilities curve may shift outward as a result of a(n) increase in worker training courses. decrease in costs of production. increase in short run aggregate supply. decrease in short run aggregate supply. increase in consumer spending 3. If actual inflation is less than expected inflation the population that has given up looking for work. government spending would increase. savers would be unaffected lenders would be hurt. borrowers would be hurt

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