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Changes in Which of the Following Do NOT Shift the AS Curve

question 277

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Changes in which of the following do NOT shift the AS curve?
I.the price level
Ii.potential GDP
Iii.the money wage rate


Definitions:

Horizontal Analysis

A financial analysis technique comparing historical data, such as revenues or profits, over a series of periods to identify trends or patterns.

Trend Analysis

The practice of collecting information and attempting to spot a pattern, often used in financial markets or to analyze business data.

Net Income

The total profit or loss of a company after all revenues and expenses have been accounted for.

Cost Of Goods Sold

Costs incurred from the direct production of goods that a firm sells, consisting of both material and labor.

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