Multiple Choice
An aggregate demand shock is generally referred to as
A) an unexpected event that causes the aggregate demand curve to shift inward or outward.
B) an expected event that causes the aggregate demand curve to shift inward or outward.
C) an unexpected event that causes the long-run aggregate supply curve to shift inward or outward.
D) an unexpected event that causes the short-run aggregate supply curve to shift inward or outward.
Correct Answer:

Verified
Correct Answer:
Verified
Q105: Figure 8-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4981/.jpg" alt="Figure 8-4
Q106: The effect of a positive demand shock
Q107: As the price level increases,the _ becomes
Q108: What is the affect of a rise
Q109: If our economy is growing at a
Q110: The _ represents the relationship between the
Q111: An increase in the labour force while
Q112: An increase in _ would cause the
Q114: A short-run equilibrium occurs<br>A)at the intersection of
Q115: Figure 8-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4981/.jpg" alt="Figure 8-2