factors that affect short run aggregate supply

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10 Terms

1
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american businesses increase the use of technology in production

increase

2
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the federal government reduces government regulation on businesses

increase

3
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the federal government raises the minimum wage

decrease

4
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due to unrest in the middle east the price of oil rises significantly

decrease

5
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the federal government increases subsides given to us businesses

increase

6
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immigration to the us is cut in half

decrease

7
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funding of public education is reduced at the federal and state level

decrease

8
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the federal government significantly cuts taxes on us businesses

increase

9
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the percentage of american adults participating in the labor force significantly increase

increase

10
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due to more competition in the labor market, the average Americans wages rise significantly

decrease