The aggravation of inflation and unemployment as a result of a supply shock
A)is unavoidable and is referred to as the direct effect of an adverse supply shock.
B)is called the indirect effect of an adverse supply shock.
C)is a subsequent result of following an accommodating policy.
D)can be avoided if expansionary fiscal policy is initiated when the shock occurs.

Question

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The Answer of The aggravation of inflation and unemployment as a result of a supply shock
A)is unavoidable and is referred to as the direct effect of an adverse supply shock.
B)is called the indirect effect of an adverse supply shock.
C)is a subsequent result of following an accommodating policy.
D)can be avoided if expansionary fiscal policy is initiated when the shock occurs.

The Aggravation of Inflation and Unemployment as a Result of a Supply