When Demand Shocks Lead to Recessions,it Is Mainly Due To

question 79

Multiple Choice

When demand shocks lead to recessions,it is mainly due to:

• A) price inflexibility.
• B) the inability of government policy to affect demand.
• C) unexpected changes in the supply of goods and services.
• D) government regulations that prevent firms from adjusting output in response to the shocks.

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Definitions:

Dismiss James

This seems like a directive or specific action rather than a widely recognized key term. NO.

Partnership Agreement

A document that outlines the rights, responsibilities, and obligations of the partners in a business venture.

Partnership Organization

A type of business structure where two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Agreement.

Risks

The potential for experiencing loss, damage, or any other undesirable event.