Question: Explain whether each of the following events will increase, decrease or have no effect on long-run aggregate supply. a. The country experiences a wave of

Explain whether each of the following events will increase, decrease or have no effect on long-run aggregate supply.

a. The country experiences a wave of immigration.

b. The government raises the minimum wage above the national average wage level.

c. A war leads to the destruction of a large number of factories.

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