Hurricane Katrina destroyed oil and natural gas refining capacity in the Gulf of Mexico. This subsequently drove up natural gas, gasoline, and heating oil prices. As a result, this should
A) shift the short-run aggregate supply curve to the right.
B) shift the short-run aggregate supply curve to the left.
C) move the economy down along a stationary short-run aggregate supply curve.
D) move the economy up along a stationary short-run aggregate supply curve.
Question 2
An increase in the government budget surplus will shift the ________ curve for loanable funds to the ________ and the equilibrium real interest rate will ________.
A) demand; right; rise B) demand; left; fall C) supply; left; rise D) supply; right; fall
The flukes of a sperm whale as it dives into the Gulf of Mexico
The birth weight of human infants is tightly constrained by natural selection.
U.S. Reservoir Capacity
Natural plant sources of pharmaceutical
Natural Resource Prices, 1850–2010
The allowable compressive bearing capacity of a soil is 8000 psf. What should be the length of ...