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Author Question: General wage increases in the economy will cause the AS curve to shift to the left. (Read 31 times)

jparksx

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on: May 25, 2020

Question 1

In the following aggregate demand and aggregate supply diagram, the price level is currently P2.



This will lead to a shift in both the aggregate demand and aggregate supply curves with the effect that price will rise to Pe.
◦ true
◦ false

Question 2

General wage increases in the economy will cause the AS curve to shift to the left.
◦ true
◦ false
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by jparksx on May 25, 2020

nguyenhoanhat

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jparksx

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Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review

meow1234

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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