A positive supply shock causes
A) falling average prices.
B) decreased real GDP.
C) increased unemployment.
D) stagflation.
E) none of the above.
Correct Answer:
Verified
Q189: The Global Financial Crisis of 2008 was
Q190: Rising average prices and increased unemployment most
Q191: A negative supply shock causes
A) falling average
Q192: The technology boom of the late 1990s
Q193: A recessionary gap most likely comes from
A)
Q195: An inflationary gap most likely comes from
A)
Q196: Rising average prices and decreased unemployment most
Q197: When consumers save their income instead of
Q198: Falling average prices and increased unemployment most
Q199: Falling average prices and continued full employment
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