Multiple Choice
How would an adverse supply shock shift the aggregate supply curves?
A) Only the short-run aggregate supply curve would shift outward.
B) Only the long-run aggregate supply curve would shift outward.
C) Only the long-run aggregate supply curve would shift inward.
D) The short-run aggregate supply curve would shift inward, and the long-run aggregate supply curve would shift inward.
Correct Answer:

Verified
Correct Answer:
Verified
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