Multiple Choice
A leftward shift in the LRAS curve
A) cannot occur.
B) may be caused by destruction of the capital stock by war or by natural disasters (e.g. ,earthquakes) only.
C) may be caused by natural disasters (e.g. ,earthquakes) or by depletion of natural resources only.
D) may be caused by depletion of natural resources or by destruction of the capital stock by war only.
E) may be caused by destruction of the capital stock by war,by natural disasters (e.g ,earthquakes) or by depletion of natural resources.
Correct Answer:

Verified
Correct Answer:
Verified
Q82: An SRAS curve would be _ if
Q83: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3713/.jpg" alt=" -The data provided
Q84: The Phillips curve is a statistical relationship
Q85: Suppose a stock market crash decreases the
Q86: The rightward shift in the LRAS curve
Q88: A shift in the position of the
Q89: One explanation for the inverse relationship between
Q90: If the aggregate demand curve is represented
Q91: The AD-AS model in the diagram above
Q92: The downward shift in the short-run aggregate