Multiple Choice
How will an adverse supply shock shift the short-run aggregate-supply curve, and what will be the effect on prices?
A) It will shift the short-run aggregate-supply curve right, making prices rise.
B) It will shift the short-run aggregate-supply curve left, making prices rise.
C) It will shift the short-run aggregate-supply curve right, making prices fall.
D) It will shift the short-run aggregate-supply curve left, making prices fall.
Correct Answer:
Verified
Correct Answer:
Verified
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