An Adverse Supply Shock Will Cause Output

question 19

Multiple Choice

An adverse supply shock will cause output

• A)and prices to rise.
• B)and prices to fall.
• C)to rise and prices to fall.
• D)to fall and prices to rise.

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Definitions:

Mountain Meadows Massacre

An 1857 event where members of the Mormon militia in southern Utah killed around 120 emigrants from the Baker-Fancher wagon train.

Polygamist

An individual who is married to more than one spouse at the same time, a practice allowed in some cultures and religions but illegal in many countries.

White Settlers

Individuals of European descent who settled in lands outside Europe, often displacing indigenous populations, during periods of exploration and colonial expansion.

Indian Tribes

Indigenous peoples of the Americas, organized into societies or communities sharing common territories, customs, and cultural traits.