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For this assignment you are to write 4 pages (not including title page, references etc.) report in APA format on how economic incentives can be used to maximize increases in long term aggregate supply. In doing this you need to look at how the determinants of aggregate supply - such as levels of technology and productivity - can be raised. You should write for an audience with broad general experience who know little about aggregate supply and need clear, well informed explanations. Along with describing how supply can be increased, explain what they benefits will be.
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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