A Decrease in Output and an Increase in Prices Would

question 76

Multiple Choice

A decrease in output and an increase in prices would indicate that the economy has experienced a:

• A) positive supply side shock.
• B) negative supply side shock.
• C) positive demand side shock.
• D) negative demand side shock.

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Definitions:

Protease

An enzyme that breaks down proteins into smaller peptides or amino acids.

Sublingual Nitroglycerine

A medication administered under the tongue to quickly relieve chest pain associated with angina by dilating blood vessels.

Vasodilator

A type of medication or substance that causes blood vessels to expand, increasing blood flow.

Cardiorespiratory Monitor

A device used to track the heart rate and respiratory rate, commonly used in hospitals for continuous monitoring of patients' vital signs.