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changes in which of the following will cause the aggregate supply (as) curves to shift? select all that apply. group of answer choices human capital investment exports and imports natural resources consumption technology government purchases physical capital the number of workers

User Dimitri
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Final answer:

Changes in human capital investment, natural resources, consumption, technology, government purchases, and the number of workers can cause the aggregate supply (AS) curves to shift.

Step-by-step explanation:

Changes in human capital investment, natural resources, consumption, technology, government purchases, and the number of workers can cause the aggregate supply (AS) curves to shift.

1. Human capital investment: Investing in education and training can increase the productivity and skills of workers, leading to an increase in aggregate supply.

2. Natural resources: Changes in the availability or discovery of natural resources can affect the production capacity of an economy, causing shifts in the AS curves.

3. Consumption: Changes in consumer spending patterns, such as increased or decreased demand for goods and services, can affect the production level and cause shifts in the AS curves.

4. Technology: Technological advancements can improve production efficiency and increase the potential output of an economy, shifting the AS curves.

5. Government purchases: Changes in government spending on goods and services can have an impact on the production capacity and shift the AS curves.

6. Number of workers: Changes in the size of the labor force, either through immigration, population growth, or changes in labor participation rates, can affect the production capacity and shift the AS curves.

User Hou
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