What happens when policymakers respond to a temporary supply shock? a) shifting the aggregate demand curve will return the economy to long-run equilibrium at potential output. b) shifting the aggregate demand curve to regain price stability will move the economy farther away from potential output. c) shifting the aggregate supply curve to regain price stability will move the economy farther away from potential output. d) shifting the aggregate demand curve to restore the economy to potential output will result in no change in the price level.

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan

One stage of the union organizing process involves the legal requirement that at least 30% of the employees in a potential bargaining unit express a desire for union representation by signing union authorization cards.