An Adverse Aggregate Supply Shock Could Result from

question 7

Multiple Choice

An adverse aggregate supply shock could result from

• A) a sharp rise in productivity.
• B) a rapid rise in oil prices.
• C) a decline in wages.
• D) an appreciation of the dollar.

---

Definitions:

Proximity

The physical or symbolic closeness of objects or individuals, influencing relationships and perception.

Similarity

The state or fact of being similar; resemblance or comparability.

Continuity

The concept that certain properties remain constant over time, despite changes in the container or appearance.

Linear Perspective

Monocular depth perception cue; the tendency for parallel lines to appear to converge on each other.