According to Aggregate Demand and Supply Analysis,the Negative Demand Shock

question 13

Multiple Choice

According to aggregate demand and supply analysis,the negative demand shock of 2000-2004 had the effect of

• A)increasing aggregate output,lowering unemployment,and raising inflation.
• B)decreasing aggregate output,raising unemployment,and raising inflation.
• C)increasing aggregate output,lowering unemployment,and lowering inflation.
• D)decreasing aggregate output,raising unemployment,and lowering inflation.

---

Definitions:

Vision

The faculty or state of being able to see, or the ability to think about or plan the future with imagination or wisdom.

Adventure

An exciting or very unusual experience; participation in exciting undertakings or enterprises.

Nihilism

The view that nothing has any value or that there are no values.

Altruism

The thesis that one ought to act for the sake of the interests of others, rather than one’s own interests alone. See also ethical altruism; psychological altruism.