What Would NOT Be Associated with an Adverse Supply Shock

question 174

Multiple Choice

What would NOT be associated with an adverse supply shock?

• A) short-run Phillips curve shifts right
• B) unemployment rises
• C) price level falls
• D) output falls

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Definitions:

Hypocrisy Induction

A technique for effecting behavior change by confronting people with the inconsistency between their attitudes and their behavior.

Behavior Change

The process through which individuals modify their actions, habits, or attitudes, often for improved outcomes or health.

Attitudes

A learned tendency to evaluate objects, people, or issues in a particular way, which can affect thoughts, feelings, and behaviors.

Non Emotional Appeals

Persuasive strategies that rely on logic, facts, and evidence to influence others, as opposed to appealing to their emotions.