_____ Occurs When a Negative Supply Shock Hits the Economy

question 244

Multiple Choice

_____ occurs when a negative supply shock hits the economy, shifting the short-run aggregate supply curve leftward.

• A) Demand-pull inflation
• B) Demand-push inflation
• C) Cost-push inflation
• D) Cost-pull inflation

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Definitions:

Militant Tactics

Strategies or actions that are aggressive, confrontational, or combative, often used in protests or movements aiming to bring about change.

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The principle that every individual is entitled to the same rights and freedoms without any discrimination.

Congress

The national legislative body of the United States, consisting of two houses: the Senate and the House of Representatives.

Antislavery Poet

A poet whose work actively opposes and criticizes the institution of slavery, often advocating for abolition and human rights.