A Year-Long Drought That Destroys Most Wheat Crops for the Season

question 14

Multiple Choice

A year-long drought that destroys most wheat crops for the season would:

• A)shift the aggregate demand curve only.
• B)shift the aggregate demand curve,and the short-run aggregate supply curve would shift in response.
• C)shift the short-run aggregate supply curve only.
• D)shift the short-run aggregate supply curve and the long-run aggregate supply curve.

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Definitions:

1840s

A decade during the 19th century characterized by significant political, social, and technological changes worldwide, including the widespread use of the telegraph and the growth of the abolition movement.

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