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The market supply curve represents the sum of the quantities supplied by all the sellers at each price of the good.
<h3>What is the market supply curve?</h3>
The market supply curve is the sum of the individual supply curves of firms. The individual supply curves are added horizontally. The supply curve sloped upward. This shows that there is a positive relationship between price and quantity supplied.
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The Fair test is the best tool to help her evaluate the memo before she sends it.
<h3>What is FAIR test?</h3>
The term "FAIR" test entails Facts, Access, Impacts and Respect.
The FAIR test will help the user to:
- ensure that the communication is fact-based
- sender's motives is well channeled
- reasoning are granted access
- how well respect is shown to the receivers.
In conclusion, the Fair test is the best tool to help her evaluate the memo before she sends it.
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The <u>aggregate demand</u> curve shifts <u>right</u>, output <u>increases</u>, and prices <u>increase</u> when the U.S. government doubles its spending on health care.
Aggregate demand or AD refers to the total demand for all individual goods and services.
The aggregate demand and supply for an economy can be depicted by a schedule, a curve, or even an algebraic equation. Just like the demand and supply for individual goods and services.
The total quantity of all goods and services that the economy demands at various price levels is illustrated by the aggregate demand curve.
Therefore, if the U.S. government doubles its health care spending, the aggregate demand curve shifts right, output rises, and prices rise.
Know what happens when there's equilibrium or when supply and demand meet: brainly.com/question/1342403
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