If a hurricane were to wipe out the majority of the eastern seaboard in the United States:
A. neither the short-run nor long-run aggregate supply curves would be affected.
B. only the long-run aggregate supply curve would shift left.
C. only the short-run aggregate supply curve would shift left.
D. the long-run and short-run aggregate supply curves would both shift left.
Answer: D
Economics
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Which of the following would an economist classify as capital?
a. 100 shares of Microsoft stock. b. $50 bill. c. credit card. d. lawyer's personal computer.
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