The availability of vast stocks of natural resources is an example of a(n):
A) implicit cause of prosperity. B) explicit cause of prosperity.
C) fundamental cause of prosperity. D) proximate cause of prosperity.
Question 2
A temporary increase in the price of oil would
A) increase both short-run and long-run aggregate supply.
B) decrease both short-run and long-run aggregate supply.
C) increase short-run aggregate supply and decrease long-run aggregate supply.
D) decrease short-run aggregate supply and leave long-run aggregate supply unchanged.