If the US Government Were to Relax Its Restrictions on Offshore Oil

question 287

Multiple Choice

If the U.S. government were to relax its restrictions on offshore oil well drilling and open drilling in Alaskan national parks, the result to aggregate supply would be to

• A)cause a shift in the SRAS to the left.
• B)cause a shift in the LRAS to the left.
• C)cause no long-term shifts in AS.
• D)cause a shift in both LRAS and SRAS to the right.

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Definitions:

Dissociation

A psychological experience in which a person feels disconnected from their thoughts, feelings, memories, or sense of identity, often in response to traumatic stress.

Repression

A defense mechanism where distressing thoughts, experiences, and memories are unconsciously excluded from conscious awareness.

Traumatic Memories

Painful recollections that are emotionally overwhelming and may persist, leading to stress and disorder such as PTSD.

Dissociation

A psychological condition or process where a person disconnects from their thoughts, feelings, memories, or sense of identity.