Multiple Choice
Which of these is not a beneficial supply shock?
A) an abundant harvest that increases food supply
B) the discovery of natural resources
C) reductions in business taxes
D) technological advances
E) establishment of the Occupational Safety and Health Administration (OSHA)
Correct Answer:

Verified
Correct Answer:
Verified
Q38: An expansionary gap is closed in the
Q39: Exhibit 10.8<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1006/.jpg" alt="Exhibit 10.8
Q41: Exhibit 10.4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1006/.jpg" alt="Exhibit 10.4
Q41: In the short run,there is a positive
Q42: Exhibit 10.1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1006/.jpg" alt="Exhibit 10.1
Q44: If costs increase, what happens to the
Q47: Exhibit 10.4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1006/.jpg" alt="Exhibit 10.4
Q48: When an economy is not producing at
Q55: Stagflation is defined as:<br>A)decreased output accompanied by
Q82: When resource prices are negotiable,the long-run aggregate