A Beneficial Supply Shock Would Shift the

question 53

Multiple Choice

A beneficial supply shock would shift the

• A)long-run and short-run aggregate supply curves inward
• B)short-run aggregate supply curve inward and the long-run aggregate supply curve outward
• C)short-run aggregate supply curve outward but not the long-run aggregate supply curve
• D)long-run aggregate supply curve inward but not the short-run aggregate supply curve
• E)long-run and short-run aggregate supply curves outward

---

Definitions:

Premise

A declaration or assertion that forms the basis for another to be deduced or concluded.

Mood

A temporary state of mind or feeling.

Figure

A descriptive term that can refer to a numerical value, a diagram, or an illustration used to convey information or represent data visually.

Premises

Statements or propositions from which conclusions are drawn in logical arguments.