Which of the Following Is (Are)an Example(s)of an Aggregate Demand

question 84

Multiple Choice

Which of the following is (are) an example(s) of an aggregate demand shock?
i.a change in interest rates
ii.a change in tax policy
iii.a natural disaster
iv.a change in the price of oil

• A)i
• B)ii
• C)iii
• D)iv
• E)ii and iii

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Definitions:

Knowledge-Based

Pertains to systems or processes that are driven by the collection, organization, and application of knowledge.

Operations Management

A field of management that deals with designing, controlling, and redesigning business operations in the production of goods or services.

Ethical Challenges

Moral dilemmas and issues that arise in the practice of business and professional activities, requiring deliberation and decision-making.