Unusually good weather that improves crop production and a major oil discovery are both examples of a beneficial supply shock.
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Q3: A change in the money supply can
Q4: The interest rate effect,the real balance effect,and
Q5: Only a change in the price level
Q6: If velocity is rising,an increase in one
Q7: The short-run aggregate supply curve slopes upward
Q9: When the dollar appreciates,U.S.net exports fall and
Q10: In short-run equilibrium,the quantities supplied and demanded
Q11: The aggregate demand (AD)curve is the graphical
Q12: The level of Real GDP that the
Q13: When foreign real national income rises,domestic Real
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