An Unfavorable Supply Shock

question 27

Multiple Choice

An unfavorable supply shock

• A)shifts aggregate demand to the right.
• B) shifts aggregate supply to the right.
• C) shifts aggregate demand to the left.
• D) shifts aggregate supply to the left.
• E) has no effect on either aggregate supply or aggregate demand, only on the quantities supplied and demanded.

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Definitions:

Task-technology Intervention

The application or implementation of technological solutions designed to improve the execution and efficiency of specific tasks.

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Individuals officially hired to perform specific duties and work for businesses or organizations in exchange for compensation.

Workplace

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Lewin's Change Model

A framework for managing change in organizations, consisting of three stages: unfreezing, changing, and refreezing.