When there is a shift the aggregate supply curve caused by factors external to a nation's economy, it is called
A) a trade imbalance.
B) government control.
C) a supply shock.
D) an economic anomaly.

Question

Quizplus · Accepted Answer

A shift in aggregate supply curve caused by factors external to a nation's economy is called a supply shock. This can include events such as natural disasters, changes in global prices of resources, or sudden changes in trade policies. None of the other options provided accurately describe this situation.

When There Is a Shift the Aggregate Supply Curve Caused