A Medium-Sized Negative Shock

question 127

Multiple Choice

A medium-sized negative shock:

• A) always produces a medium-sized economic downturn.
• B) will not have a great impact on GDP.
• C) can cause a large economic downturn.
• D) will always cause a large economic downturn.

---

Definitions:

Service Design Technique

A method or approach used in crafting services to make them more useful, usable, and desirable to customers, often involving tools like journey mapping and prototyping.

Automation

The use of machines and technology to perform tasks without human intervention, often to enhance efficiency and accuracy.

Modularizing

The process of breaking down a system into smaller, independent modules that can be developed, tested, and deployed separately.

External Product Development

The process of creating new products or making improvements with the aid of external partners or resources.