An Aggregate Demand Shock Is Generally Referred to as

question 113

Multiple Choice

An aggregate demand shock is generally referred to as

• A)an unexpected event that causes the aggregate demand curve to shift inward or outward.
• B)an expected event that causes the aggregate demand curve to shift inward or outward.
• C)an unexpected event that causes the long-run aggregate supply curve to shift inward or outward.
• D)an unexpected event that causes the short-run aggregate supply curve to shift inward or outward.

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Definitions:

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