Which of the following events would not involve a supply shock that would shift the aggregate supply curve?
(i) The Cosatu union disintegrates and the minimum wage is abolished.
(ii) African bank plc’s bad debt creates a financial crisis and that leads to reduction in money supply.
(iii) 2016 drought destroys half of the crops farmed.
(iv) A tax on sugar is levied on companies that produce sugary beverages.
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