A. Vital Shock B. Demand Shock C. Interest Shock D. Supply Shock 5. An event tha

Question

A. Vital Shock B. Demand Shock C. Interest Shock D. Supply Shock 5. An event that shifts the short-run aggregate supply curve is a 6. Which of the following is a MACRO ECONOMIC Question? A. What determines B. S hould I go to business school or take a job right now? if Citibank opens a new office in Madrid Spain? What determines the cost to a University or College of offering a new course? O. How many people are employed in the economy as a whole this year? 7. In the United States of America the task of determining when a recession begins and ends is performed by an independent panel of experts at the A. NCIS B. NBER C. PEEC D. FDIC is spending on productive physical capital such as 8. machinery and construction of buildings and on changes to inventories A. Deficit Spending B. Expansion Spending C. Investment Spending D. Government Borrowing potential borrowers either can't get credit at all or must 9. In a pay very high interest rates. A. Captain Crunch B. Credit Crunch C. Debt Overhang D. Debt Skiff

Explanation / Answer

5. Answer- Supply Shock

Supply shock is an event that suddenly increase or decrease the supply of a good or service and as a result the Short run aggregate supply curve shifts.

6. Option D

Because it questions about employment rate in current year in the economy.

7. The task is performed by an independent panel of experts at the National Bureau of Economic Research.

Answer- NBER

8. Answer- investment spending

Investment spending is the spending on productive physical capital such as machinery and the construction of buildings and on changes to inventories.

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