The Aggravation of Inflation and Unemployment as a Result of a Supply

question 51

Multiple Choice

The aggravation of inflation and unemployment as a result of a supply shock

• A)is unavoidable and is referred to as the direct effect of an adverse supply shock.
• B)is called the indirect effect of an adverse supply shock.
• C)is a subsequent result of following an accommodating policy.
• D)can be avoided if expansionary fiscal policy is initiated when the shock occurs.

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Definitions:

Normal Wings

Wings that exhibit the standard form and functioning appropriate for a particular species, as opposed to mutations or deformities.

Polygenic Trait

A trait that is influenced by multiple genes, often resulting in a continuous range of possible phenotypes.

Dwarf

In botany, refers to a variety of plants that are much smaller than the typical size for their species, often genetically engineered or selected for such a trait.

Medium

Medium can refer to a substance or environment in which something exists or grows, or it can refer to material or means used to convey information or artistic expression.