What Impact Will a Temporary Decrease in the Supply of a Major

question 35

Multiple Choice

What impact will a temporary decrease in the supply of a major input have on real output?

• A)It will increase real output in both the short run and the long run.
• B)It will increase real output in the short run but not in the long run.
• C)It will decrease real output in both the short run and the long run.
• D)It will decrease real output in the short run but not the long run.

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