In the long run,supply shocks
A) are of no concern
B) are automatically offset so that the full-employment level of output is restored
C) cause the long-run AS curve to shift
D) have no effect on the wage rate
E) are automatically offset so that output and the price level return to their original values

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The Answer of In the long run,supply shocks
A) are of no concern
B) are automatically offset so that the full-employment level of output is restored
C) cause the long-run AS curve to shift
D) have no effect on the wage rate
E) are automatically offset so that output and the price level return to their original values

In the Long Run,supply Shocks