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18 May, 14:40

What scenarios would cause the u. S. Short-run aggregate supply curve to shift to the left?

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  1. 18 May, 17:23
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    The aggregate supply curve shifts to the left as the price of key inputs rise, making a combination of lower output, higher unemployment, and higher inflation possible. When an economy experiences stagnant growth and high inflation at the same time it is referred to as stagflation.
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