Multiple Choice
Which of the following represents a supply shock?
A) Hurricane Irma in Texas
B) Government subsidies on renewable energy investments
C) An innovation that allows a safe transportation of oil overseas
D) All the above
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q86: Using the labour market model and the
Q87: A new productivity breakthrough in computer technology
Q88: Firms hire labour at the point where
Q89: Suppose the country of Prescott has
Q90: Which market determines the real wage and
Q92: Suppose oil prices fall temporarily as oil
Q93: The principle of the diminishing marginal productivity
Q94: A decrease in the real wage would
Q95: The total factor productivity is<br>A)a measure of
Q96: Floods have just ravaged the countryside and