Unemployment is represented by points inside the macro production possibilities frontier.
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Q42: Full employment is represented by points on
Q43: Higher world oil prices
A) decrease short-run aggregate
Q44: Higher world oil prices
A) shift both SAS
Q45: Government investments to improve the quality of
Q46: Which is a supply plan with existing
Q48: Lower world coal prices
A) decrease short-run aggregate
Q49: Price stability is represented by points on
Q50: The 2011 tsunami caused Japan's
A) SAS and
Q51: Full employment is represented by points on
Q52: The long-run aggregate supply curve (LAS) is
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