Inflation Shocks and Shocks to Potential Output Are Called ________

question 82

Multiple Choice

Inflation shocks and shocks to potential output are called ________ shocks.

• A)monetary policy
• B)fiscal policy
• C)aggregate supply
• D)aggregate demand

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Definitions:

Insecurity

Describes a feeling of uncertainty or anxiety about oneself; lack of confidence.

Relational Skills

Pertains to the abilities required to form and maintain positive interpersonal relationships, facilitating effective communication and collaboration.

Management

The performance of four functions or processes—planning, including charting a direction, determining strategies to succeed, and making policy decisions; organizing, including aligning structure, people, and resources to achieve goals; directing, including supervising, facilitating, coaching, and developing people; and controlling, including tracking progress against plans and making corrections; an endeavor requiring technical, relational, and conceptual skills.

Career

The progression and actions taken by an individual throughout their working life, including education, employment, and other experiences.