How Will a Favourable Supply Shock Shift Short-Run Aggregate Supply

question 128

Multiple Choice

How will a favourable supply shock shift short-run aggregate supply, and how will output change?

• A) It will shift short-run aggregate supply left, making output rise.
• B) It will shift short-run aggregate supply left, making output fall.
• C) It will shift short-run aggregate supply right, making output rise.
• D) It will shift short-run aggregate supply right, making output fall.

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Definitions:

Organizational Tensions

Refers to conflicts or contradictions within an organization that stem from differing goals, values, or interests among its members or units.

Capricious

Given to sudden and unaccountable changes of mood or behavior.

Democratic And Fair

Principles or practices that are characterized by equality, justice, and impartiality within a democratic framework.

Whistle-Blowing

Disclosing any type of information or actions that are regarded as illegal, unethical, or improper within a corporation.