Which Aggregate Supply Shock Is Most Likely to Have a Permanent

question 55

Multiple Choice

Which aggregate supply shock is most likely to have a permanent effect?

• A) The development of new technologies.
• B) War.
• C) Natural disasters.
• D) All of the above.

---

Definitions:

Subsidization

The provision of financial assistance or support by a government or organization to lower the cost of services or commodities.

Globalization

The process of interaction and integration among people, companies, and governments worldwide, often leading to increased connectivity and trade.

Freedom House

An independent watchdog organization dedicated to the expansion of freedom and democracy around the world.

Watchdog

An individual, group, or organization that monitors and reports on the activities of others (typically governments or corporations) to ensure accountability and integrity.