An Adverse Supply Shock Would Shift

question 44

Multiple Choice

An adverse supply shock would shift:

• A)only the short-run aggregate supply curve outward.
• B)only the long-run aggregate supply curve outward.
• C)only the long-run aggregate supply curve inward.
• D)only the short-run aggregate supply curve inward.
• E)both the long-run and the short-run aggregate supply curves inward.

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