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Business, 17.02.2020 23:41 trinati6965

Explain how each of the following will affect long-run aggregate supply (potential real gross domestic product). a. A decrease in the labor force participation rate b. An increase in the government deficit following a reduction in personal income taxes c. A decrease in the quantity of inputs required to produce a unit of output d. An increase in the quantity and quality of education e. An increase in the rate of savings

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Explain how each of the following will affect long-run aggregate supply (potential real gross domest...
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