Unexpected Events That Affect Aggregate Supply, Sometimes Only Temporarily, Are

question 120

Multiple Choice

Unexpected events that affect aggregate supply, sometimes only temporarily, are _____

• A) supply shocks.
• B) demand shocks.
• C) beneficial supply shocks.
• D) adverse supply shocks.
• E) unexpected shocks.

---

Definitions:

Positive Correlation

A relationship between two variables in which both variables move in the same direction.

Decreases

Refers to a reduction or decline in the magnitude or value of a certain variable or quantity.

Decreases

A term indicating a reduction or decline in value, quantity, or extent.

Correlation Coefficients

Statistical measures that indicate the strength and direction of the relationship between two or more variables.