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Business, 23.07.2019 13:00 lelen2021

Asupply shock is a. an increase in the rate of inflation as a result of expansionary fiscal policy, resulting in a leftward shift of the sras curve. b. an increase in potential gdp caused by a government expenditure multiplier, resulting in a leftward shift of the ad curve. c. a sudden increase in the price of an important natural resource, resulting in a leftward shift of the sras curve. d. an increase in both the inflation and the unemployment rates that may sometimes result in a rightward shift of the sras curve. stagflation is a â–¼ combination of discretionary and automatic fiscal policy combination of inflation and recession situation when the economy reaches full employment automatically . stagflation occurs when â–¼ a supply shock shifts the sras to the left, increasing the price level and decreasing actual gdp an increase in productivity produces a sudden jump in real gdp a tax cut causes high rates of inflation along with high unemployment . click to select your answer.

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