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Short run aggregate supply curve

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Reference no: EM131682037

Please assist with answering the following questions.

Q1. Lower cost cause the short run aggregate supply curve to shift to the? Southeast, Northwest, or neither?

Q2. Taxes cuts cause the short run aggregate supply curve to shift to the? Southeast, Northwest or neither?

Q3. A southeastern shift in the supply curve for loanable funds indicates the price level has? increased. decrease, or remains the same? I believe it increases. Kindly confirm.

Reference no: EM131682037

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