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The Economic Forces That Amplify Shocks by Spreading Them Across

question 113

Multiple Choice

The economic forces that amplify shocks by spreading them across time and sectors of the economy are called:


Definitions:

Economic Growth

The increase in a country's production of goods and services over time, indicative of a growing economy.

Technology

Implementing scientific insights for real-world applications, chiefly in the field of industry.

Unemployment

The situation where individuals who are able and willing to work cannot find employment.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choosing between options.

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