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Supply Shocks Are Unexpected Events That Affect Aggregate Supply

question 119

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Supply shocks are unexpected events that affect aggregate supply.


Definitions:

Personality

The combination of characteristics or qualities that form an individual's distinctive character, affecting how they think, feel, and behave.

External Locus

A belief that outcomes of events are determined by forces outside personal control.

Job Satisfaction

The level of contentment employees feel about their work, which can affect their performance and commitment.

Introverted

Describing a person predominantly concerned with their own thoughts and feelings rather than external things.

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