Which of the Following Is an Example of a Shock

question 168

Multiple Choice

Which of the following is an example of a shock that shifts the long-run aggregate supply curve to the right?

• A) bad weather
• B) an increase in government spending
• C) a decrease in government regulation
• D) a sudden increase in oil prices

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Definitions:

Management Role

The functions and responsibilities undertaken by managers to plan, organize, lead, and control operations within an organization.

Assessment Centre

A process or location where candidates undergo a series of tests, exercises, and interviews to assess their suitability for specific roles or promotions.

In-Basket Exercises

Simulated tasks and problems that are presented in written form as part of a test to evaluate an individual's ability to organize and prioritize work.

Behavioural Interview

A technique in job interviews focusing on a candidate's past experiences and behaviors as indicators of future performance.