A Demand Shock

question 29

Multiple Choice

A demand shock

• A) is any event that causes the aggregate demand curve to shift
• B) is usually caused by a change in the price level
• C) is usually caused by a change in real GDP
• D) can be traced back to a shift in the economy's production possibilities frontier
• E) is generally a good thing for the economy

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Definitions:

Perceived Similarity

The extent to which individuals view others as being similar to themselves in terms of attitudes, beliefs, or characteristics.

Intimacy

A close, familiar, and usually affectionate or loving personal relationship with another person or group.

Attachment

An emotional bond that forms between individuals, typically between a child and caregiver, which impacts behavior and development throughout life.

Caring

Demonstrating compassion and concern for others, reflecting a sense of empathy and a desire to help and support.