Multiple Choice
A "shock" is something that creates a shift in:
A) the demand curve only.
B) the supply curve only.
C) either the demand curve or the supply curve.
D) both the demand curve and the supply curve at the same time.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q69: The 2008 and 2009 tax cuts and
Q70: In 2001 a combination of tax cuts
Q71: Permanent declines in inflation such as those
Q72: Explain why real business cycle theory renders
Q73: Which of the following would shift the
Q75: Globalization and trade:<br>A) reduce inflation in the
Q76: When faced with negative supply shocks, policymakers:<br>A)
Q77: Does an increase in the rate of
Q78: In an economy like the United States,
Q79: The dynamic aggregate demand curve shifts as