A Supply Shock Is

Multiple Choice

A supply shock is:

A) an expected event that can either increase or decrease long-run aggregate supply permanently.
B) an unexpected temporary event that can either increase or decrease the supply of an individual firm.
C) an unexpected temporary event that can either increase or decrease the short-run aggregate supply.
D) a state of confusion that occurs during a period of hyperinflation which can lead to an increase in supply in an industry.
E) an artificially created scarcity of a particular commodity that aims at increasing the price of the commodity.