Multiple Choice
Which of the following represents a positive aggregate supply shock?
A) an outbreak of war among oil-exporting countries
B) a general labour strike across the country
C) bad weather which cripples telecommunications for one month
D) improved computer literacy for the typical worker
E) an increase in exports
Correct Answer:

Verified
Correct Answer:
Verified
Q53: In a macro model with a constant
Q54: Consider two economies,A and B.Economy A has
Q55: Consider two economies,A and B.Economy A has
Q56: Consider the basic AD/AS macro model.A rise
Q57: Other things being equal,a closed economy will
Q59: Which of the following correctly describes one
Q60: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7713/.jpg" alt=" FIGURE 23-3 Refer
Q61: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7713/.jpg" alt=" FIGURE 23-3 Refer
Q62: The economy's aggregate supply (AS)curve shows the
Q63: Other things being equal,a rise in the