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Identify the Variables That Could Cause Shifts in Both the Short-Run

question 61

Essay

Identify the variables that could cause shifts in both the short-run and long-run aggregate-supply curves.


Definitions:

Teratogens

Agents that can cause birth defects or developmental abnormalities in an embryo or fetus.

Duplication

The act or process of copying something or the occurrence of identical genetic or molecular sequences in different parts of a genome.

Genome

The complete set of DNA, including all of its genes, in an organism or a cell.

Fetal Period

A stage of human development that begins at the end of the tenth week of gestation and continues until birth, characterized by rapid growth and maturation of bodily structures.

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