A supply shock
a. is usually caused by a change in the money supply
b. is any event that causes the aggregate supply curve to shift
c. is any event caused by a change in the price level
d. is usually good news for the economy
e. always leads to an increase in the interest rate
B
You might also like to view...
From uncovered interest parity, we know that when the domestic interest rate is greater than the foreign one:
a. the domestic currency is expected to appreciate. b. the domestic currency is expected to depreciate. c. the foreign currency is expected to appreciate. d. the foreign currency is expected to depreciate.
The Sherman Act
a. created the Federal Trade Commission b. established the Department of Justice Guidelines c. regulated railroad and trucking industries d. outlawed restraints of trade e. forbade price discrimination