When a supply-side shock is assumed to be temporary: O the LRAS curve shifts. neither the LRAS curve nor the SRAS curve shifts. O the SRAS curve shifts. O both the LRAS curve and the SRAS curve shift.

When a supply-side shock is assumed to be temporary:<br>O the LRAS curve shifts.<br>neither the LRAS curve nor the SRAS curve shifts.<br>O the SRAS curve shifts.<br>O both the LRAS curve and the SRAS curve shift.<br>

Extracted text: When a supply-side shock is assumed to be temporary: O the LRAS curve shifts. neither the LRAS curve nor the SRAS curve shifts. O the SRAS curve shifts. O both the LRAS curve and the SRAS curve shift.

When a supply-side shock is assumed to be permanent:<br>O only the LRAS curve shifts.<br>O only the SRAS curve shifts.<br>O both the LRAS curve and the SRAS curve shift.<br>O nither the LRAS curve nor the SRAS curve shifts.<br>

Extracted text: When a supply-side shock is assumed to be permanent: O only the LRAS curve shifts. O only the SRAS curve shifts. O both the LRAS curve and the SRAS curve shift. O nither the LRAS curve nor the SRAS curve shifts.

Jun 09, 2022

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When a supply-side shock is assumed to be temporary: O the LRAS curve shifts. neither the LRAS curve nor the SRAS curve shifts. O the SRAS curve shifts. O both the LRAS curve and the SRAS curve shift.

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