Because of a Supply Shock, in the Short-Run

question 69

Multiple Choice

Because of a supply shock, in the short-run:

• A)the aggregate supply curve shifts to the left.
• B)the price level falls.
• C)unemployment falls.
• D)equilibrium real GDP rises.

---

Definitions:

Leg Amputation

The surgical removal of part or all of a leg, sometimes necessary for medical reasons such as severe injury or infection.

Straightforward Honesty

A trait of being direct and clear in communication without hiding the truth or mincing words.

Osteosarcoma

A type of bone cancer that begins in the cells that form bones, most commonly occurring in teenagers and young adults.

Bone Marrow Transplantation

A medical procedure that replaces damaged or diseased bone marrow with healthy bone marrow stem cells.