A Favorable Supply Shock Will Shift Short-Run Aggregate Supply

question 51

Multiple Choice

A favorable supply shock will shift short-run aggregate supply

• A)left,making output rise.
• B)left,making output fall.
• C)right,making output rise.
• D)right,making output fall.

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Definitions:

Performance Orientation

A focus or emphasis on the outcome of activities in terms of success, achievement, and excellence in performance.

Assertiveness Dimension

A characteristic of personality that reflects the extent to which individuals are forthright, candid, and commanding in their interactions with others.

GLOBE Studies

A cross-cultural research program that examines the relationship between societal culture, organizational culture, and leadership effectiveness.

Influence

The ability to influence the personality, growth, or actions of an individual or object.