Explain whether each of the following will increase,decrease or have no effect on long run aggregate supply?
a.the united states experiences a wave of immigration.
b.Congress raises the minimum wage to per hour.
c.Intel invents a new and more powerful computer chip.
d.A severe hurricane damages factories along the east coast.
Tagged with: computer chip • congress • east coast • factories • hurricane damages • immigration • intel • minimum wage • powerful computer • united states
Filed under: Hurricane Questions
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b)