Aggregate supply shocks are:
A) the result of monetary policy actions.
B) the result of fiscal policy actions.
C) the result of structural policy actions.
D) inflation shocks or shocks to potential output.
Correct Answer:
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Q125: Refer to the accompanying figure.
Q126: Starting from a long-run equilibrium, a reduction
Q128: Refer to the accompanying figure.
Q129: Refer to the accompanying figure.
Q130: Starting from long-run equilibrium, an adverse inflation
Q131: Refer to the accompanying figure.
Q132: Inflation shocks and shocks to potential output
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