factors that affect short run aggregate supply

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10 Terms

1

american businesses increase the use of technology in production

increase

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2

the federal government reduces government regulation on businesses

increase

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3

the federal government raises the minimum wage

decrease

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4

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

decrease

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5

the federal government increases subsides given to us businesses

increase

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6

immigration to the us is cut in half

decrease

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7

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

decrease

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8

the federal government significantly cuts taxes on us businesses

increase

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9

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

increase

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10

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

decrease

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