If There Is an Adverse Supply Shock, What Will Most

question 188

Multiple Choice

If there is an adverse supply shock, what will most likely happen?

• A) The aggregate supply curve and the short-run Phillips curve will both shift right.
• B) The aggregate supply curve and the short-run Phillips curve will both shift left.
• C) The aggregate supply curve will shift right, and the short-run Phillips curve will shift left.
• D) The aggregate supply curve will shift left, and the short-run Phillips curve will shift right.

---

Definitions:

Leader Characteristics

Attributes or qualities that contribute to an individual's ability to effectively guide or influence others.

Leader Ethics

Principles and values that guide a leader's decision-making and behavior, emphasizing integrity, accountability, and the welfare of others.

Variable

An element, feature, or factor that can vary or change, often used in scientific research to measure and analyze differences.

Leadership Approach

A method or strategy adopted by a leader to guide and influence the behavior of followers toward achieving certain objectives.