Economics Quiz Answers

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6. When short-run aggregate supply increases, it means that the short-run aggregate supply curve shifts to the _____ and the quantity of aggregate output that producers are willing to supply _____. A) right; decreases B) right; increases C) left; decreases D) left; increases 7. An increase in the minimum wage would likely: A) cause a movement up the short-run aggregate supply curve from left to right. B) cause a movement down the short-run aggregate supply curve from right to left. C) shift the short-run aggregate supply curve to the right. D) shift the short-run aggregate supply curve to the left. 8. Which of the following will increase short-run aggregate supply? A) a law that requires health insurance for all employees B) an increase in

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