A Price Shock Is

question 33

Multiple Choice

A price shock is

• A)a shift in the aggregate demand curve.
• B)the same as a demand shock.
• C)a change in potential GDP.
• D)the same as a supply shock.
• E)a shift in the inflation adjustment line.

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Definitions:

Goal

An objective or desired outcome that a person aims to achieve.

Leptin

A hormone, secreted by fat cells, that is associated with decreasing eating behavior based on long-term body fat regulation.

Ghrelin

A hormone, secreted by an empty stomach, that is associated with increasing eating behavior based on short-term signals in the bloodstream.

Glucose

A simple sugar that is an important energy source in living organisms and is a component of many carbohydrates.