An adverse supply shock: 

A.
Can be anticipated and decreases aggregate supply
B.
Can be anticipated and increases aggregate supply
C.
Cannot be anticipated but decreases aggregate supply
D.
Cannot be anticipated but increases aggregate supply
Macroeconomics
AP
College Board
Exam No:AP Macroeconomics Problem Set 3 Year:2024 Question No:APMacroeconomics2024AP0099

Answer:

C

Knowledge points:

1.5 Supply
1.6 Market Equilibrium, Disequilibrium, and Changes in Equilibrium

Solution:

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