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Associate the shock with the appropriate prediction from the AD-AS simulation. A...

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Associate the shock with the appropriate prediction from the AD-AS simulation. Always consider that other variables are held constant, Ceteris Paribus.

Sudden decrease in demand for labour due to fear of a great recession.

Sudden increase in the number of robots and machines.

Sudden inclusion into the Labour Market of excluded social groups such as Women, Blacks, First Nations, Racialized Immigrants, Homosexuals, or others.

Sudden retirement of the Baby-Boomer generation.

Sudden increase in payroll taxes.

Sudden decrease in the CAD from 0.80 to 0.60US$.

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