Which of the following is an example of a negative AD shock? O a decrease in taxes O an increase in import growth O increased consumer confidence O an increase in productivity growth Which of the following is an example of a positive real shock? A an increase in sales tax revenues due to population growth O a drought in California that reduces the supply of crops O a major decline in the price of oil due to the discovery of new oil reserves in Alaska O a strike in the airline industry B

Which of the following is an example of a negative AD shock? O a decrease in taxes O an increase in import growth O increased consumer confidence O an increase in productivity growth Which of the following is an example of a positive real shock? A an increase in sales tax revenues due to population growth O a drought in California that reduces the supply of crops O a major decline in the price of oil due to the discovery of new oil reserves in Alaska O a strike in the airline industry B

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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