Explain whether each of the following events will  increase, decrease, or have no effect on long-run aggregate supply.a. The United States experiences a wave of immigration.b. Congress raises the minimum wage to $10 per hour.c. Intel invents a new and more powerful  computer chip.d. A severe hurricane damages factories along the east coast.

Economics (MindTap Course List)
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ISBN:9781337617383
Author:Roger A. Arnold
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Chapter8: Aggregate Demand And Aggregate Supply
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Explain whether each of the following events will  increase, decrease, or have no effect on long-run aggregate supply.

a. The United States experiences a wave of immigration.

b. Congress raises the minimum wage to $10 per hour.

c. Intel invents a new and more powerful  computer chip.

d. A severe hurricane damages factories along the east coast.

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