Question: Question 7 All else equal, a temporary negative real shock __ decreases real output relative to its pre-shock trend and _ increases the price level

Question 7 All else equal, a temporary negative real shock ______ decreases real output relative to its pre-shock trend and _____ increases the price level relative to its pre-shock trend. temporarily; permanently Opermanently; temporarily Opermanently; permanently 0/1 pts temporarily; temporarily

All else equal, a temporary negative real shock decreases real output relative to its pre-shock trend and increases the price level relative to its pre-shock trend. temporarily; permanently permanently; temporarily permanently; permanently temporarily; temporarily

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Question: Question 7 All else equal, a temporary negative real shock ______ decreases real output relative to its pre-shock trend and _____ increases the price level

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Question: Question 7 All else equal, a temporary negative real shock __ decreases real output relative to its pre-shock trend and _ increases the price level