Which of the following can cause a leftward shift in the aggregate supply curve?
A)A major natural disaster such as hurricane or earthquake.
B)Lower marginal tax rates.
C)A bumper agricultural crop.

Question

Quizplus · Accepted Answer

A major natural disaster such as hurricane or earthquake can cause a leftward shift in the aggregate supply curve because it disrupts production and supply chains, resulting in decreased output and increased production costs.

Which of the Following Can Cause a Leftward Shift in the Aggregate