An adverse supply shock ______ the short-run aggregate supply curve ______ the natural level of output.
A) raises; but cannot affect
B) raises; and may also lower
C) lowers; but cannot affect
D) lowers; and may also lower

Question

Quizplus · Accepted Answer

The Answer of An adverse supply shock ______ the short-run aggregate supply curve ______ the natural level of output.
A) raises; but cannot affect
B) raises; and may also lower
C) lowers; but cannot affect
D) lowers; and may also lower

An Adverse Supply Shock ______ the Short-Run Aggregate Supply Curve