Event: Climate change reduces the amount of land available for farming (Long Run).

1. Question: What is the change in aggregate demand?

   	a.	Increase
   	b.	Decrease
   	c.	No change
   	d.	Indeterminate

QUESTION 7

2. Event: Climate change reduces the amount of land available for farming (Long Run).

   Question: What is the change in short run aggregate supply (SRAS)?

   	a.	Increase
   	b.	Decrease
   	c.	No change
   	d.	Indeterminate

QUESTION 8

2. Event: Climate change reduces the amount of land available for farming (Long Run).

   Question: What is the change in long run aggregate supply (LRAS)?

   	a.	Increase
   	b.	Decrease
   	c.	No change
   	d.	Indeterminate

QUESTION 9

2. Event: Climate change reduces the amount of land available for farming (Long Run).

   Question: What is the change in equilibrium price level?

   	a.	Increase
   	b.	Decrease
   	c.	No change
   	d.	Indeterminate

QUESTION 10

2. Event: Climate change reduces the amount of land available for farming (Long Run).

   Question: What is the change in equilibrium real gross domestic product?

   	a.	Increase
   	b.	Decrease
   	c.	No change
   	d.	Indeterminate

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