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    Exam 12: The Aggregate Demand and Supply Model
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    When a Temporary Shock in the Economy Involves a Restriction
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When a Temporary Shock in the Economy Involves a Restriction

Question 44

Question 44

Multiple Choice

When a temporary shock in the economy involves a restriction in supply ________.


A) we refer to it as a negative supply shock
B) a rise in commodity prices typically follows
C) a reduction in output typically ensues
D) all of the above
E) none of the above

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