Multiple Choice
Refer to the information provided in Figure 12.3 below to answer the questions that follow. Figure 12.3
-Refer to Figure 12.3.Hurricane Katrina destroyed a large portion of the infrastructure along the Gulf of Mexico coast.This caused
A) the short-run aggregate supply curve to shift from AS1 to AS2.
B) the short-run aggregate supply curve to shift from AS1 to AS0.
C) the economy to move from Point B to Point A along AS1.
D) the economy to move from Point C to Point B along AS1.
Correct Answer:

Verified
Correct Answer:
Verified
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