Multiple Choice
Supply shocks cause short-run aggregate supply to:
A) remain unchanged in both the short run and the long run.
B) decrease in both the short run and the long run.
C) decrease in the short run and increase in the long run.
D) increase in both the short run and the long run.
E) return to its original position in the long run.
Correct Answer:
Verified
Correct Answer:
Verified
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