Which of these is not a beneficial supply shock?
A)An abundant harvest that increases food supplies
B)The discovery of natural resources
C)Reductions in business taxes
D)Technological advances
E)Establishment of the Occupational Safety and Health Administration (OSHA)

Question

Quizplus · Accepted Answer

The establishment of the Occupational Safety and Health Administration (OSHA) is not a beneficial supply shock as it is a regulatory measure that imposes costs on businesses in order to improve worker safety, rather than increasing the quantity or quality of goods and services produced by those same businesses. The other options all increase the productivity or efficiency of businesses, leading to increased output and/or lower prices.

Which of These Is Not a Beneficial Supply Shock