A negative supply shock
A) increases production.
B) decreases production.
C) has no impact on production.
D) none of the above.

Name: A negative supply shock A) increases production. B) decreases production. C) has no impact on production. D) none of the above.
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Question

Quizplus · Accepted Answer

A negative supply shock typically decreases production by increasing the costs of inputs or by some other means, making it more difficult or expensive to produce goods and services.

A Negative Supply Shock