The discovery of new oil deposits will cause
A) the long-run aggregate supply curve to shift to the right and the short-run aggregate supply curve to shift to the left.
B) the long-run aggregate supply curve to shift to the right, but not the short-run aggregate supply.
C) the short-run aggregate supply curve to shift to the right, but not the long-run aggregate supply curve.
D) both the long-run and the short-run aggregate supply curves to shift to the right.
Correct Answer:
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Q237: Q238: If the price level kept increasing, the Q239: The short-run aggregate supply curve in modern Q240: In the short run, if the price Q241: Which of the following will NOT shift Q243: Which of the following is NOT an Q244: As real GDP per year increases along Q245: All of the following will shift the Q246: The short-run aggregate supply curve would shift Q247: Which of the following will cause an
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