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

question 198

Multiple Choice

Unexpected events that reduce aggregate supply, sometimes only temporarily, are _____ shocks.

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

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Definitions:

Mortality

The state of being mortal or susceptible to death; often used in statistics to refer to the rate of death within a population.

Increases Helping

The phenomenon where incidents or conditions lead to a rise in actions intended to provide aid or benefit to others.

Communal Orientation

A perspective or attitude emphasizing the importance of community, relationships, and collective well-being over individualistic goals.

Guilt Proneness

The predisposition of an individual to feel guilty for wrongdoing, even when such guilt may not be warranted.