According to Aggregate Demand and Supply Analysis,the Negative Supply Shocks

Multiple Choice

According to aggregate demand and supply analysis,the negative supply shocks of 1973-1975 and 1978-1980 had the effect of

A) increasing aggregate output,lowering unemployment,and raising the inflation.
B) decreasing aggregate output,raising unemployment,and raising the inflation.
C) increasing aggregate output,raising unemployment,and raising the inflation.
D) decreasing aggregate output,raising unemployment,and lowering the inflation.