An Adverse Supply Shock Will Shift Short-Run Aggregate Supply

question 131

Multiple Choice

An adverse supply shock will shift short-run aggregate supply

• A)right, making prices rise.
• B)left, making prices rise.
• C)right, making prices fall.
• D)left, making prices fall.

---

Definitions:

Average Earnings

The mean income calculated by dividing the total income of a group by the number of individuals in that group.

Total Compensation

The complete package of benefits, including salary, bonuses, health insurance, and other perks, that an employee receives from an employer.

Information Technology

The sector of technology dedicated to the development, implementation, and management of computer-based information systems.

Employee Privacy

The right of employees to have their personal information and activities remain confidential and protected within the workplace.