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Which one of the following is not a U.S. supply shock? A. unions force an increase in national wage rates. B. the oil supply from

Which one of the following is not a U.S. supply shock?

  • A. unions force an increase in national wage rates.
  • B. the oil supply from the Middle East drops 30%.
  • C. extended droughts reduce U.S. food production 25%.
  • D. Chinese purchases of U.S. exports increase.

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