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Which of the Following Shifts Both Short-Run and Long-Run Aggregate

question 120

Multiple Choice

Which of the following shifts both short-run and long-run aggregate supply to the left?


Definitions:

Substance

A fundamental or essential component of a matter; often refers to the material from which something is made.

Gift Causa Mortis

A gift made in contemplation of imminent death where the giver transfers personal property to another, with the gift becoming permanent if the giver dies as contemplated.

Exclusive Possession

The right of an individual or entity to use and control property to the exclusion of others.

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