A Price Shock Could Be the Result of

A price shock could be the result of

A) a sudden increase in the cost of securing certain important raw materials.
B) a large and generous wage settlement that sets the precedent for wage settlements in the foreseeable, short-term future.
C) a dramatic increase in the level of inflation expected by the major price setters across an economy.
D) a sudden reduction in the money supply that looks just like an equivalent increase in the price level.
E) all answers but d.