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

Question

Quizplus · Accepted Answer

An improvement in computer literacy for the typical worker would increase labor productivity and thus positively impact aggregate supply.

Which of the Following Represents a Positive Aggregate Supply Shock