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A New Discovery of Large Volumes of Previously Unknown Deposits

Question 56

Multiple Choice

A new discovery of large volumes of previously unknown deposits of natural gas in Pennsylvania would


A) shift the short-run and long-run aggregate supply curves to the right.
B) shift only the short-run aggregate supply curve to the right.
C) shift only the long-run aggregate supply curve to the right.
D) not affect either the short-run or long-run aggregate supply curves.

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