When demand shocks lead to recessions, it is mainly due to unexpected changes in the:.
a. supp...
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When demand shocks lead to recessions, it is mainly due to unexpected changes in the:.
a. supply of goods and services.
b. price inflexibility.
c. the inability of government policy to affect demand.
d. government regulations that prevent firms from adjusting output in response to the shocks.
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Answers: 3
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