unit 6 macro.docx - Running head Macroeconomics in global context Parvinder Kaur Bhullar Student id 2018090173 Unit 6 BUSI 2003 Macroeconomics In global

unit 6 macro.docx - Running head Macroeconomics in global...

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Running head: Macroeconomics in global context Parvinder Kaur Bhullar Student id: 2018090173 Unit # 6 BUSI 2003 Macroeconomics In global Context Yorkville University – Vancouver Campus Instructor: Iqtidar shah Submission Date: 16 May 2019
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PUT SHORT TITLE IN CAPS HERE Abstract This Paper includes the data about the output and prices in the short run. I explained about the relationship between quantity of output and cost to produce the output. I get help from the textbook and some of the websites which helps me to understand the topic. In macroeconomics short run is where wages and other cost remain same. Change in Price affects the other factors which cause to short run aggregate supply curve to shift. 1
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PUT SHORT TITLE IN CAPS HERE Answer 1. A.) Aggregate supply shows the relation between Price and the output produce and sell. Aggregate supply curve is Price level between quantity of output sold with given technology and prices. If prices increase firm will produce and if price falls firm will produce less. Shift in
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