Which aggregate supply shock is most likely to have a permanent effect?
A) The development of new technologies.
B) War.
C) Natural disasters.
D) All of the above.

Question

Quizplus · Accepted Answer

Aggregate supply shocks that are caused by permanent changes in the factors of production, such as war or natural disasters, are most likely to have a permanent effect on the economy.

Which Aggregate Supply Shock Is Most Likely to Have a Permanent