Aggregate supply - 10 pts to best answer =)?

Question

***Aggregate supply will increase, decrease or remain the same for each of the follwing?

A New sources of silicon are located in Wyoming.

B New laws result in an influx of highly educated immigrants.

C. A hurricane destroys 50% of the nation’s oil refining capability.

D. A new process for producing glass revolutionizes the industry.

E. If government regulations force employers to provide dental insurance, the SRAS?

F. Congress votes to increase farm subsidies by 15%.

G. Congress votes to substantially increase the minimum wage.

Answer 1

A: Increase (more natural resources)

B: Increase (more labor)

C: Decrease (less capital - less output)

D: Increase (better technology)

E: Decrease (higher costs of production)

F: Increase (lower costs)

G: Decrease (higher costs)

Answer 2

1.increase

2.decrease

3.decrease

4.remain the same

5.increase

6.increase

7.decrease

Answer 3

wut?????