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    Exam 28: Aggregate Demand and Aggregate Supply
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    A Year-Long Drought That Destroys Most of the Summer's Crops
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A Year-Long Drought That Destroys Most of the Summer's Crops

Question 91

Question 91

Multiple Choice

A year-long drought that destroys most of the summer's crops would be considered:


A) a short-run supply shock.
B) a long-run supply shock.
C) a short-run demand shock.
D) a long-run demand shock.

Correct Answer:

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