In the Long Run, a Price Shock Results in

question 17

Multiple Choice

In the long run, a price shock results in

• A)an inflation rate greater than the baseline.
• B)an inflation rate the same as the baseline.
• C)an inflation rate lower than the baseline.
• D)a permanent decline in potential GDP.
• E)real GDP being less than potential GDP.

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Artificial representations of geese used by hunters to attract real geese into shooting range.

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The measure of how effective an employee is in achieving job performance standards and contributing to organizational goals.