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:

Former Spouse

An individual to whom one was previously legally married but is now divorced or separated.

Separate Property

Assets owned by one spouse independently and not considered shared marital property in the event of divorce or separation.

Inheritances

Assets passed down from an individual to their heirs or designated beneficiaries upon death.

Guardian Ad Litem

A person appointed by the court to represent the interests of a child or mentally incompetent person before the court.