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Cyclical fluctuations - demand and supply-side shocks
14.08.2008
A shock is an unexpected or unpredictable event that affects an economy. In this note we look at some of the shocks that hit countries at different points in time and how macroeconomic policy can be used to act as a shock absorber for an economy. Op...

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Added by: LadyAngelPL
Category: Revision note
Course: Economics and Business
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