Multiple Choice
What is the effect of a temporary decrease in the availability of raw materials?
A) Aggregate supply shifts right.
B) Output falls in the short run.
C) Prices fall in the short run.
D) Long-run aggregate supply shifts to the left.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q112: Make a list of expenditures whose sum
Q211: How are the effects of an increase
Q213: In 1991, Canada was in a recession.
Q214: We know the theories that explain why
Q215: Suppose the economy is in long-run equilibrium.
Q217: How does the aggregate demand and aggregate
Q218: Scenario 14-2<br>The economy is in long-run equilibrium.
Q219: What happens to aggregate demand if people
Q220: Suppose the economy is in long-run equilibrium.
Q221: Which of the following explains why production