What Impact Will a Negative Supply Shock Have on the Main

question 92

Multiple Choice

What impact will a negative supply shock have on the main measures of economic performance?

• A) Real GDP will increase, inflation will increase, and unemployment will decrease
• B) Real GDP will decrease, inflation will decrease, and unemployment will increase
• C) Real GDP will decrease, inflation will increase, and unemployment will increase
• D) Real GDP will increase, inflation will decrease, and unemployment will decrease

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