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How would the discovery of a previously unknown large reserve of oil affect the short-run aggregate supply curve and why? What other change could have the same effect?
Poverty
A socioeconomic condition characterized by a severe lack of financial resources and access to basic needs.
Health Differences
The variability in health status and health outcomes among different populations, often influenced by social, economic, and environmental factors.
Social Organization
The structured arrangement of relationships and roles within a society, including institutions, groups, and norms that guide social interactions.
Language
A system of communication used by a particular community or country, consisting of spoken, written, or signed words and the rules for their use.
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