Economic Growth & Development: The Challenge off Economic Development Flashcards by Alesia Rodriguez

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Perspective of long run aggregate supply, if a government lowers the marginal tax rate.

The short run AS curve will shift right.

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Government decides to apply lower levels of environmental regulations

The short run a AS curve shift right, and output will go up.

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Government decides to apply lower levels of environmental regulations

Cost of production will go down, and output will go up

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Economic Growth & Development: The Challenge off Economic Development Flashcards

(3 cards)