The Short-Run Effect of a Sudden Increase in Stock Prices

question 49

Multiple Choice

The short-run effect of a sudden increase in stock prices will be

• A) an increase in output and a decrease in prices.
• B) an increase in both output and prices.
• C) a decrease in both output and prices.
• D) a decrease in output and an increase in prices.

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Definitions:

Acculturation

The process of cultural change and psychological change that results following the meeting between cultures.

Enculturation

The process by which a society's culture is passed on from one generation to the next and individuals become members of their society.

Traditions

The passing down of customs, beliefs, and practices from one generation to another, often shaping communal identity.

Cultural Forms

Diverse manifestations of culture, including beliefs, practices, arts, social institutions, and technologies, which express a society's values and norms.