Solved

What Impact Will a Negative Supply Shock Have on the Main

Question 92

Multiple Choice

What impact will a negative supply shock have on the main measures of economic performance?


A) Real GDP will increase, inflation will increase, and unemployment will decrease
B) Real GDP will decrease, inflation will decrease, and unemployment will increase
C) Real GDP will decrease, inflation will increase, and unemployment will increase
D) Real GDP will increase, inflation will decrease, and unemployment will decrease

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions