An adverse or negative supply shock causes the aggregate __________ curve to shift to the ______________. Select one: a. demand; left b. supply; left c. demand; right d. supply; right

An adverse or negative supply shock causes the aggregate curve to shift to the ____. Select one: a. demand; left b. supply; left c. demand; right d. supply; right

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter16: Expectations Theory And The Economy

Section: Chapter Questions

Problem 2WNG

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Question

An adverse or negative supply shock causes the aggregate __________ curve to shift to the ______________.

Select one:

a. demand; left

b. supply; left

c. demand; right

d. supply; right

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