Reductions in government subsidies on electricity prices are a positive supply shock.
Correct Answer:
Verified
Q80: Aggregate quantity supplied increases if
A) the price
Q81: Changes in supply plans for existing inputs
Q82: Human capital decisions affect both long-run and
Q83: A positive supply shock in macroeconomics is
Q84: Low prices in the domestic wheat market
Q86: The law of short-run aggregate supply states
Q87: Government can affect aggregate quantity supplied with
Q88: Prospecting for gold in northern Alberta is
Q89: The law of short-run aggregate supply states
Q90: Supply plans to increase the quality of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents