Question
What is an example of a positive external shock to aggregate supply?
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A. Good weather leads to an unusually productive harvest for corn farmers. ****
B. A popular new diet encourages consumers to buy more corn flakes.
C. Demand for new suburban houses increases the value of farmland.
D. China announces that it plans to import more corn from the United States.
:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
A. Good weather leads to an unusually productive harvest for corn farmers. ****
B. A popular new diet encourages consumers to buy more corn flakes.
C. Demand for new suburban houses increases the value of farmland.
D. China announces that it plans to import more corn from the United States.
Answers
Ms. Sue
Correct.
Nirvana
Thanks
Ms. Sue
You are welcome.