Use an aggregate supply (upsloping range) and aggregate demand diagram to demonstrate the effect of each of the following. For each problem state the determinant and what happens to the price level and RGDP. 8. Labor strikes cause an interruption in shipments of parts. 9. Increased graduation rates for schools lead to more-skilled workforce. 10. Stock and bonds markets soar.
Use an aggregate supply (upsloping range) and aggregate demand diagram to demonstrate the effect of each of the following. For each problem state the determinant and what happens to the price level and RGDP. 8. Labor strikes cause an interruption in shipments of parts. 9. Increased graduation rates for schools lead to more-skilled workforce. 10. Stock and bonds markets soar.
Chapter20: Aggregate Demand And Supply
Section: Chapter Questions
Problem 3SQP
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8. Labor strikes cause an interruption in shipments of parts.
9. Increased graduation rates for schools lead to more-skilled workforce.
10. Stock and bonds markets soar.
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