A supply shock is an ________ event that shifts the aggregate ________ curve
A) external; supply B) external; demand C) internal; demand D) internal; supply
A
Economics
You might also like to view...
Historians generally agree that the railroads
(a) were absolutely essential for industrial growth in the 19th century. (b) were an indispensable "leading sector." (c) were our first "giant" enterprises. (d) provided a "social saving" of 90% or more.
Economics
What percentage of American has a favorable opinion of government workers?
a. 20% b. 50% c. 70% d. 90%
Economics
When per capita real GDP is increasing, real output is growing
a. more rapidly than prices. b. more rapidly than population. c. less rapidly than prices. d. less rapidly than population.
Economics
In average cost pricing, the natural monopoly would have to set price equal to
A) AFC. B) AVC. C) ATC. D) MC.
Economics