Multiple Choice
Which aggregate supply shock is most likely to have a permanent effect?
A) The development of new technologies.
B) War.
C) Natural disasters.
D) All of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q45: In what way does the real business
Q46: Economists refer to fluctuations in output as
Q47: Which business cycle model is based around
Q48: Economic forecasting is not perfect:<br>A) So this
Q49: Name two macroeconomic variables that decline when
Q50: In the real business cycle:<br>A) Employment, labour
Q51: Recessions do not last forever because<br>A) Workers
Q52: If data exhibits a trend that is
Q53: Which would cause UK firms to think
Q54: An inflation fallacy is:<br>A) When prices are