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Fracking is a relatively new technology that allows drillers to extract significantly larger quantities of natural gas from existing deposits than was previously possible. How

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\"Fracking\" is a relatively new technology that allows drillers to extract significantly larger quantities of natural gas from existing deposits than was previously possible. How is this discovery likely to affect the economy? (Hint: Think about whether this will have a shortrun or longrun effect.) This discovery will likely: 0 increase both SRAS and LRAS, leading to a long-term increase in output and decrease in prices. 0 decrease both SRAS and LRAS, leading to a longterm decrease in output and increase in prices. 0 increase AD but decrease both SRAS and LRAS, leading to an uncertain change in long-term output and a decrease in prices. 0 increase AD, SRAS, and LRAS, leading to a longterm increase in output and an uncertain change in prices

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