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Economic Shocks
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Summary
Sometimes, something big and surprising happens that changes how much money people have or how they spend it. These surprises can make things cost more or less, and they can make it harder or easier for people to find jobs.
Concepts
Supply Shock
Demand Shock
Inflation
Recession
Monetary Policy
Fiscal Policy
Consumer Confidence
Unemployment
Relevant Degrees
Economic Theory and Concepts 60%
Economic Planning and Policy 30%
Trade and Global Economy 10%
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