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Business, 25.01.2020 02:31 sjeffreycurran

For the following questions, you need to determine whether each of the four factors given creates a positive demand shock, a negative demand shock, a positive supply shock, or a negative supply shock for the market in bold. for example, if you are told, "automobile workers receive higher wages: automobiles," you would indicate that the supply of automobiles will decrease due to higher input costs, and the supply curve will shift to the left.

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