rambocayden6728 rambocayden6728

20-01-2023
Business

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Assume that production in a country was affected because of a drought. Which of the following statements would be true in this scenario?
A The negative supply shock has increased production and decreased prices.
B The positive demand shock has decreased production and increased prices.
C The negative demand shock has increased production and decreased prices.
D The negative supply shock has decreased production and increased prices.
E The negative supply shock has decreased production and decreased prices

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