Which of the Following Would Not Be Considered a Supply

question 84

Multiple Choice

Which of the following would not be considered a supply shock?

• A) a change in the price of imported oil
• B) frost damage to the orange crop
• C) a change in the level of education of the average worker
• D) an increase in the level of government spending

---

Definitions:

Correlation Analysis

A statistical method used to measure and identify the degree to which two variables are related or move together, without implying causation.

Tabulation Techniques

Methods used to organize and summarize data in a structured table format.

Open-Ended

relates to questions or situations that do not have a definitive answer or conclusion, allowing for a wide range of responses or outcomes.

Items

Items refer to individual things or units, especially as part of a list, collection, or inventory, covering a wide range of tangible and intangible objects.