Answer Happy

A favourable shock to aggregate demand (e.g., an increase in the
global demand for NZ exports), ceteris paribus, will typically
result in ______ and ______while a favourable shock to short-run
aggregate supply (e.g., a decline in world oil prices), ceteris
paribus, will typically result in ____ and _____. Group of answer
choices
lower prices; higher output; lower prices; higher output
higher prices; higher output; lower prices; higher output
higher prices; higher output; higher prices; higher output
higher prices; higher output; lower prices; lower output