Which of the Following Would Qualify as an Aggregate Supply

question 13

Multiple Choice

Which of the following would qualify as an aggregate supply shock?

• A)An unexpected increase in oil prices
• B)A seasonally expected increase in oil prices
• C)An unexpected reduction in consumer confidence
• D)An anticipated tax cut

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Definitions:

Generative Aspect

A concept often related to linguistics that focuses on the innate abilities or mechanisms that allow for the production and understanding of language.

Structured Aspect

A component or feature of something that is organized in a specific, often rigid, manner.

Telegraphic Speech

A stage in language development where young children communicate with simple structures, often comprising only essential words.

Language

A system of communication that uses symbolism, such as sounds, signs, or written symbols, in a structured and conventional way to convey meaning.