In the Short Run, Aggregate Demand and Aggregate Supply Shocks

question 40

Multiple Choice

In the short run, aggregate demand and aggregate supply shocks cause output gaps, which in turn, cause fluctuations in

• A)productivity.
• B)the natural rate of unemployment.
• C)factor supply.
• D)the normal factor utilization rate.
• E)the factor utilization rate.

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An American developmental psychologist best known for his theory of multiple intelligences, which suggests that intelligence is not a single general ability but rather a collection of distinct dimensions.

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