Which of the Following Is Considered a Negative Supply Shock

question 59

Multiple Choice

Which of the following is considered a negative supply shock?

• A)increasing immigration in the economy causes the labor supply to rise
• B)an improvement in technology
• C)an increase in unemployment
• D)an unexpected decrease in the refining capacity for oil

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Definitions:

Amphibian

A class of cold-blooded vertebrates that can live both in water and on land, including frogs, toads, salamanders, and newts.

Mammal

Warm-blooded vertebrates characterized by the presence of mammary glands which in females produce milk for feeding their young.

Dog

A domesticated carnivorous mammal (Canis familiaris) that has been selectively bred over millennia for various behaviors, sensory capabilities, and physical attributes.

Sequenced

Sequenced refers to the process of determining the precise order of nucleotides in a strand of DNA or RNA, providing detailed genetic information.