An adverse supply shock would shift the
A) short-run aggregate supply curve outward but not the long-run aggregate supply curve
B) long-run aggregate supply curve outward but not the short-run aggregate supply curve
C) long-run aggregate supply curve inward but not the short-run aggregate supply curve
D) short-run aggregate supply curve inward but not the long-run aggregate supply curve
E) long-run and short-run aggregate supply curves inward
Correct Answer:
Verified
Q182: A beneficial supply shock would shift the
A)long-run
Q183: Exhibit 10-10 Q184: Exhibit 10-11 Q185: If global pollution causes climatic changes that Q186: As macroeconomic output expands,the cost of additional Q188: Because nominal wages fall slowly,the supply-side adjustments Q189: Given the aggregate demand curve,an adverse supply 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