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  • 21-03-2017
  • Advanced Placement (AP)
Answered

Can the AS/LRAS shift when there are governmental controls?)

Verified Answer :

tabbyflcca
tabbyflcca tabbyflcca
  • 21-03-2017

 if input prices, such as wages and raw material prices, were set by the government rather than in markets then it will affect aggregate supply in the economy.

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