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A. Explain whether each of the following events shifts the Short-run Aggregate Supply curve, the aggregate demand curve,

Posted: Thu May 26, 2022 7:21 am
by answerhappygod
A. Explain whether each of the following events shifts the
Short-run Aggregate Supply curve, the aggregate demand curve, Both,
or Neither. For each event that does shift a curve, DRAW a separate
graph for each sub-section to illustrate the effects on Egyptian
Economy.
a. Households decide to save a larger share of their
income.
b. Egyptian orange gardens suffer an unusual period of
below-freezing temperatures.
c. Increased job opportunities abroad cause many people to leave
the country.
d. The government increases spending on the national
defense.
f. A technological advancement raises productivity.