Use the Following to Answer Questions

question 15

Multiple Choice

Use the following to answer questions :
Exhibit: Supply Shock
-(Exhibit: Supply Shock) Assume that the economy starts at point A and there is a drought that severely reduces agricultural output in the economy for just one year. In this situation, point ______ represents the short-run equilibrium immediately following the drought and point ______ represents the eventual long-run equilibrium.

• A) B; C
• B) B; A
• C) E; D
• D) D; A

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Definitions:

Ethnic Origin

A background or heritage shared by a group of people, often linked to nationality, race, or culture.

Sociocultural Factors

Are elements that impact an individual's life and behavior, including cultural norms, values, practices, and social contexts.

Physical Growth

The increase in size, height, and weight of an individual, as a result of the body's cells increasing in number and size.

Bogin's Study

A research investigation carried out by anthropologist Barry Bogin that focuses on patterns of human growth and development, often emphasizing the impact of sociocultural factors.