Multiple Choice
Which event would reduce short-run aggregate supply but not long-run aggregate supply?
A) A major natural disaster results in the loss of life of 10% of the labor force.
B) Government environmental regulations require the use of more expensive energy sources.
C) The capital stock of a country rises by 10%.
D) Concentration in the leading industries of a country falls.
Correct Answer:
Verified
Correct Answer:
Verified
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