A positive supply shock could be caused by
A)an increase in exports.
B)bad weather which cripples telecommunications for one month.
C)an outbreak of war among oil- exporting countries.
D)improved computer literacy for the typical worker.
E)a general labour strike across the country.

Question

Quizplus · Accepted Answer

An improvement in computer literacy for the typical worker would increase their productivity, leading to a positive supply shock. Increased exports, bad weather, war among oil-exporting countries, and a general labor strike would all have negative effects on supply, causing a negative supply shock.

A Positive Supply Shock Could Be Caused by