When there is a shift the aggregate supply curve caused by factors external to a nation's economy, it is called
A) trade imbalance.
B) government control.
C) supply shock.
D) economic anomaly.
Correct Answer:
Verified
Q117: Output in the long run is determined
Q118: In the long run
A) price and output
Q119: Figure 9.2 Q120: Assuming a long-run aggregate supply curve, an Q121: Recall the Application about the factors involved Q123: Recall the Application about the causes of Q124: Recall the Application about the causes of Q125: A supply shock is an _ event Q126: Recall the Application about the factors involved Q127: Recall the Application about the causes of
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