Business, 14.11.2019 02:31 Deascry

Determine the effect on short -run aggregate supply of each of the following events. explain whether it represents a movement along the sras curve or a shift of the sras curve.
a. a rise in the consumer price index (cpi) leads producers to increase output.
b. a fall in the price of oil leads producers to increase output.
c. a rise in legally mandated retirement benefits paid to workers leads producers to reduce output.

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Determine the effect on short -run aggregate supply of each of the following events. explain whether...

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