Which of the Following Will Most Likely Result from an Unexpected

question 205

Multiple Choice

Which of the following will most likely result from an unexpected increase in prices that decreases real wages and resource prices?

• A) a decrease in unemployment
• B) an increase in unemployment
• C) a decrease in the nominal interest rate
• D) a decrease in aggregate supply and real output

---

Definitions:

Long-term Account Penetration

The strategic effort to deepen and expand the business relationship with a client over a prolonged period.

Honor People

Honoring people involves showing respect and appreciation for their contributions, values, and diversity, often leading to a positive and inclusive environment.

Customer Satisfaction

The measure of how products or services supplied by a company meet or surpass customer expectation.

Customer Retention

The ability of a company to keep its customers over a period of time, reducing customer defections.