An example of a supply shock could be ________
A) a technological innovation
B) a natural disaster
C) an oil price increase
D) all of the above
E) none of the above
D
Economics
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In the above table, the marginal propensity to save when disposable income changes from $5,000 to $6,000 is
A. 0.8. B. -0.2. C. 0.2. D. 0.1.
Economics
Which of the following is negative for the "typical" consumer at some level of real disposable income?
A. marginal propensity to consume B. marginal propensity to save C. average propensity to save D. average propensity to consume
Economics