What Factors Can Cause an Increase in Aggregate Supply

question 92

Essay

What factors can cause an increase in aggregate supply?

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Definitions:

Congress

The legislative body of the United States federal government, consisting of two chambers: the House of Representatives and the Senate.

Underground Storage Tanks

Containers located below ground surface, used for storing liquids or gases and subject to environmental regulation.

Environmental Impact Statement

A detailed document required by law that outlines the effects of a proposed project or development on the environment.

Polluter and User Pay

A principle stating that those who produce pollution or use resources should bear the costs of managing it to prevent environmental degradation.