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Which of the following events would cause the supply curve to shift to the right?

a. Households decide to save a large share of their income.

b.Florida orange groves suffer a prolonged period of below-freezing temperatures

c. Increased jobs overseas cause people to leave the country.

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Retselisitsoe Pokothoane
Retselisitsoe PokothoaneLv10
30 Oct 2020

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Related questions

Explain whether each of the following events shifts the short-run aggregate-supply curve, the aggregate-demand curve, both, or neither. For each event that does shift a curve, draw a diagram to illustrate the effect on the economy.

a.Households decide to save a larger share of their income.

b. Florida orange groves suffer a prolonged period of below-freezing temperatures.

c.Increased job opportunities overseas cause many people to leave the country.

Explain whether each of the following events shifts the short run aggregate supply curve:

A. Households save larger share of income

B. Orange groves suffer large period of cold temperature

C. People move to other countries for job

Which of the following would most likely shift the aggregate demand curve to the right?
a. An increase in stock prices that increases consumer wealth.
b. Increased fear that a recession will cause workers to lose their jobs.
c. An increase in personal income tax rates.
d. A reduction in household borrowing because of tighter lending practices.

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