Unexpectedly rising commodity prices lead to a _____ shock.
A) positive supply
B) positive demand
C) negative supply
D) negative demand

Name: Unexpectedly rising commodity prices lead to a _____ shock. A) positive supply B) positive demand C) negative supply D) negative demand
Brand: Quizplus
Rating: 4.7 (35 reviews)

Question

Quizplus · Accepted Answer

Rising commodity prices indicate a decrease in supply, as there is now less of the commodity available at the previous price. Therefore, this would be a negative supply shock.

Unexpectedly Rising Commodity Prices Lead to a _____ Shock