According to Aggregate Demand and Supply Analysis,the Negative Supply Shocks

question 84

Multiple Choice

According to aggregate demand and supply analysis,the negative supply shocks of 1973-1975 and 1978-1980 had the effect of

• A)increasing aggregate output,lowering unemployment,and raising the inflation.
• B)decreasing aggregate output,raising unemployment,and raising the inflation.
• C)increasing aggregate output,raising unemployment,and raising the inflation.
• D)decreasing aggregate output,raising unemployment,and lowering the inflation.

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Definitions:

Teres Major

A muscle in the upper arm, which helps in the rotation and adduction of the shoulder.

Supraspinatus

A muscle situated on the upper part of the back that assists in the abduction of the arm.

Abducts

Refers to the movement of a limb or other part away from the midline of the body or from another part.

Joints

Structures in the body where two or more bones are connected, allowing for varied degrees of movement.