Which of the following events is considered to shift the long-run aggregate supply in classical view? Answers: A. No tornados in summer B. Tsunami C. Huge foreign capital investment D. Category-5 hurricane

Which of the following events is considered to shift the long-run aggregate supply in classical view? Answers: A. No tornados in summer B. Tsunami C. Huge foreign capital investment D. Category-5 hurricane

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter24: The Aggregate Demand/aggregate Supply Model

Section: Chapter Questions

Problem 54CTQ: Explain why the short-run aggregate supply curve might be fairly flat in the Keynesian zone of the...

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Question

Which of the following events is considered to shift the long-run aggregate supply in classical view?


Answers:	A. No tornados in summer
	B. Tsunami
	C. Huge foreign capital investment
	D. Category-5 hurricane

Definition Definition Total supply of goods and services in an economy at a certain price level in a specific time period.

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