Which of the following is considered a negative supply shock?
A) increasing investment in the economy causes the capital stock to rise
B) an unexpected increase in the price of natural gas
C) a decline in wages
D) an improvement in technology
E) a drop in investment spending
Correct Answer:
Verified
Q178: Stagflation usually results from
A)a supply shock.
B)a decrease
Q181: Figure 9.6 Q182: Figure 9.6 Q184: Ceteris paribus, in the long run, a Q185: When the price of oil falls unexpectedly, Q186: An increase in aggregate demand in the Q187: Suppose the economy is at full employment Q188: A rapid increase in the price of Q210: At a short-run macroeconomic equilibrium,real GDP is Q224: Starting from long-run equilibrium,use the basic aggregate
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