What Type of Shock to an Economy Tends to Be

question 8

Multiple Choice

What type of shock to an economy tends to be viewed most positively because it creates neither inflation nor unemployment?

• A) contractionary supply shock
• B) expansionary supply shock
• C) contractionary demand shock
• D) expansionary demand shock

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Definitions:

Phonological Awareness

The ability to recognize and manipulate sounds and syllables in words, a key skill in learning to read.

Morphological Awareness

The recognition, understanding, and use of word parts that carry significance, such as roots, prefixes, and suffixes, in language development and literacy.

Pragmatic Awareness

The understanding of how language use varies depending on context, audience, and purpose, influencing communication effectiveness.

Grapheme Awareness

The understanding of the smallest units of written language and their associations with specific phonemes (sounds).