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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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