Multiple Choice
________ shocks are unexpected changes in the demand for goods and services While, _________ shocks are unexpected changes in the supply of goods and services.
A) Supply; demand.
B) Investment; savings.
C) Internal; external.
D) Demand; supply.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: In response to an unexpected change in
Q3: The short-run fluctuations in output and unemployment
Q4: To explain the short-run fluctuations in the
Q5: If the economy's output and income double
Q6: Which of the following countries had the
Q7: A well-functioning financial system helps to promote
Q8: Economic growth is best defined as the:<br>A)increase
Q9: Before the start of the Industrial Revolution
Q10: To keep track of long-run growth and
Q11: The Flamingo Corporation issued $30 million in