Describe cause of the short-run aggregate supply

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Question: Describe whether the following changes cause the short-run aggregate supply to increase, decrease, or neither.

a. The price level increases.

b. Input prices decrease.

c. Firms and workers expect the price level to fall.

d. The price level decreases.

e. New policies cause an increase in the cost of meeting government regulations.

f. The number of workers in the labor force increases.

Reference no: EM131481470

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