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A hurricane threat causes most of the rigs in the Gulf of Mexico to shut down for a week but the hurricane hits Cuba instead.

Which of the following is the MOST accurate depiction of what happens to Aggregate Supply?

A

Both long and short run aggregate supply curves shift right.

B

Short Run aggregate supply shifts right.

C

Long Run aggregate supply shifts right.

D

Both long and short run aggregate supply shift left.

E

Short run aggregate supply shifts left.

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