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Macro Econ Yr1 > AS > Flashcards

AS Flashcards

1
Q

Influences on SRAS

A
  • changes in raw material costs
  • exchange rates
  • tax rate
    Supply side shock ig any of these chnage rapidly
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2
Q

LRAS influence

A

Tech
Change in relative productivity
Regulation chnages
Demographic or migration change
Competition policy

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Macro Econ Yr1 (6 decks)

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