Which of the Following Is the Most Likely Medium-Run Outcome

question 36

Multiple Choice

Which of the following is the most likely medium-run outcome of an adverse supply shock?

• A)an increase in consumer prices and a higher level of real GDP
• B)a decrease in real GDP
• C)an increase in real wage rates
• D)an increase in frictional unemployment
• E)an increase in nominal GDP with real GDP remaining the same

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Definitions:

Strategic Analysis

The process of researching an organization and its working environment to formulate a strategy.

Social Listening Analysis

The process of monitoring social media channels for mentions of a brand, competitors, products, and more, to gain insights and act on opportunities.

Deadpool

A Marvel Comics character known for his talkative nature and regenerative abilities; also, a term for a project or initiative that is considered to be failing or unlikely to succeed.

Third Party Tools

Software or services created by external providers that integrate with or enhance the functionality of a primary platform or system.