How would an adverse supply shock shift the aggregate supply curves?
A) Only the short-run aggregate supply curve would shift outward.
B) Only the long-run aggregate supply curve would shift outward.
C) Only the long-run aggregate supply curve would shift inward.
D) The short-run aggregate supply curve would shift inward, and the long-run aggregate supply curve would shift inward.
Correct Answer:
Verified
Q140: Q141: Which of the following would cause the Q142: One economic theory states that the longer Q143: Suppose global pollution causes climatic changes that Q144: How would a beneficial supply shock affect![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents