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An Adverse Supply Shock Causes the Short-Run Aggregate Supply Curve

question 93

True/False

An adverse supply shock causes the short-run aggregate supply curve to shift left,increasing the price level.


Definitions:

PEM

Protein-Energy Malnutrition, a condition resulting from a diet lacking in adequate calories and protein.

Marasmus

A wasted, potentially lethal body condition caused by inadequate nutrition and characterized by painful thinness.

Essential Nutrients

Vital substances required for normal body functioning that must be obtained from the diet because they are not synthesized by the body in sufficient amounts.

Myelination

The process of forming a myelin sheath around the axons of neurons, which is critical for the proper functioning of the nervous system.

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