Natural Disasters Like Severe Earthquakes Are Devastating to the Economy

question 185

Multiple Choice

Natural disasters like severe earthquakes are devastating to the economy as well as to the individuals harmed due to

• A) supply shocks.
• B) demand shocks.
• C) demand-pull inflation.
• D) demand-pull deflation.

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Definitions:

Macroanalysis

Examination or analysis of large-scale social processes and structures.

Social Interaction

Social interaction is the dynamic process through which people act and react in relation to others, forming the basis of social relationships and societal structure.

Family Leave

A policy allowing employees to take time off from work to deal with family issues, such as the birth or adoption of a child, or serious health conditions affecting the employee or a family member.

Similarity

The degree to which two or more things are alike, sharing attributes, characteristics, or qualities.