What is an example of a positive external shock to aggregate supply?

:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::

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.

3 answers

Correct.

Thanks

You are welcome.

Ask a New Question or answer this question.

Similar Questions

True or false: A one-period-long supply shock results in a permanent upward shift in the Aggregate Supply (AS) curve, leading to
1. 1 answer
Concern about international crisis has caused consumers to save their money and postpone big purchases. What is the effect on
1. 0 answers
What is a supply shock? Give an example of a current supply shock. Which way does this shock move the AS curve? What is the
1. 0 answers
Hello, I am currently busy writing an essay and run against a wall:If government decreases the corporate tax rate, what would be
1. 0 answers