Question: Using words, how would you justify this subsidy? Choose one: A. The subsidy shifts the short-run aggregate supply curve to the left as costs increase.
Using words, how would you justify this subsidy? Choose one: A. The subsidy shifts the short-run aggregate supply curve to the left as costs increase. B. The subsidy shifts the aggregate demand curve over the long run to the left as students buy more books for their classes. C. The subsidy that the government provides to universities leads to a shift in the long-run aggregate supply curve to the right as the capacity of the country increases. D. There is no economic justification for this subsidythis subsidy is designed only to meet a social goal
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