Multiple Choice
A supply shock
A) is usually caused by a change in the money supply
B) is any event that causes the aggregate supply curve to shift
C) is any event caused by a change in the price level
D) is usually good news for the economy
E) always leads to an increase in the interest rate
Correct Answer:

Verified
Correct Answer:
Verified
Q136: If the Fed had not changed the
Q137: Supply and demand shocks are two different
Q138: The economy's self-correcting mechanism is such that
Q139: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3972/.jpg" alt=" -Refer to Figure
Q140: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3972/.jpg" alt=" -Refer to Figure
Q142: Which of the following is an accurate
Q143: If the money demand curve shifts rightward,the
Q144: A decrease in the price level will
Q145: If the unit cost of output for
Q146: The aggregate demand curve tells us equilibrium