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Economics - Unit 2 - Test Review Flashcards | StudBud
Economics - Unit 2 - Test Review
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What is an example of a positive external shock to aggregate supply?
A
Good weather leads to unusually productive harvest.
B
Popular new diet encourages consumers to buy more cornflakes
C
Demand for new suburban houses increases farmland value.
D
China announces it will import 50% more from USA.
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