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Which One of the Following Would Increase Per-Unit Production Cost

question 15

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Which one of the following would increase per-unit production cost and therefore shift the aggregate supply curve to the left?


Definitions:

Unemployment

The situation in which individuals who are capable of working and actively seeking work are unable to find employment.

Aggregate Supply

The complete range of goods and services that enterprises in an economy are prepared to sell over a predetermined period.

Foreign Exchange Market

A global marketplace for trading currencies, determining the exchange rate between them.

US Dollars

The official currency of the United States, widely used in international transactions.

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