| Economics question! Help!?
I cannot figure out the answer to this question. If anyone could help me out, that would be great!
Explain whether each of the following events will increase, decrease, or have no effect on long-run aggregate supply.
a) The United States experiences a wave of immigration
b) Congress raises the minimum wage to $10 per hour
c) Intel invents a new and more powerful computer chip
d) A severe hurricane damages factories along the East Coast.
Any help would be greatly appreciated. Thanks! |