Which of the Following Represents a Positive Aggregate Supply Shock

question 58

Multiple Choice

Which of the following represents a positive aggregate supply shock?

• A)an outbreak of war among oil-exporting countries
• B)a general labour strike across the country
• C)bad weather which cripples telecommunications for one month
• D)improved computer literacy for the typical worker
• E)an increase in exports

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Definitions:

Steering Axle

A rephrased definition: An axle that is designed to pivot and turn the wheels, enabling vehicle steering.

Wide-Base Singles

Single truck tires designed to replace sets of duals on drive and trailer axles. The current generation of these tires is designed to replace duals without incurring a weight reduction penalty.

Duals

A term often referring to the pairing of two tires on each side of an axle, common in heavy-duty vehicles to increase load capacity and stability.

18-Wheeler

A term commonly used to refer to a tractor-trailer or semi-trailer truck, characterized by having a total of eighteen wheels to distribute the weight of heavy loads.