Business, 21.04.2020 16:49, Spongebone4571

Describe the short run effects of each of the following socks on the aggregate price level and aggregate output. a. The government sharply increases the minimum wage. b. Solar energy firms launch a major program of investment spending. c. Severe weather destroys crops around the world.

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Describe the short run effects of each of the following socks on the aggregate price level and aggre...