ad/as models

Project Description:

analyze the following three scenarios using ad/as models.
i) there is a sharp increase in the price of oil in the global economy. (6 marks)
ii) ii) a favorable technological change causes the long run as curve to shift outward. (6 marks)
iii) iii) the federal government decides to pursue a spending program building interstate highways and bridges. (8 marks)
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Price Type: Negotiable

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