Which of the Following Would Be Represented by a Negative $\nu$

question 57

Multiple Choice

Which of the following would be represented by a negative value of the random supply shock, $\nu$ _t?

• A) an irrational wave of pessimism among investors
• B) a decrease in government spending
• C) oil price decreases resulting from a breakdown in the cartel
• D) a decrease in the central bank's inflation target

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