Figure 33-5. -Refer to Figure 33-5. the Shift of the Short-Run Aggregate-Supply

question 136

Multiple Choice

Figure 33-5.
-Refer to Figure 33-5. The shift of the short-run aggregate-supply curve from SRAS1 to SRAS2

• A) could be caused by an outbreak of war in the Middle East.
• B) could be caused by a decrease in the expected price level.
• C) causes the economy to experience an increase in the unemployment rate.
• D) causes the economy to experience stagflation.

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Definitions:

Mindfulness

A state of mind obtained by concentrating on the current moment and calmly recognizing and accepting one's emotions, thoughts, and physical sensations.

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A holistic concept referring to an individual's overall physical, psychological, and emotional health and happiness.

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A form of harassment or bullying, often in the workplace, where an individual is subjected to persistent malicious attacks by colleagues.

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The use of force, coercion, hurtful teasing, or threat, to abuse, aggressively dominate, or intimidate others.