Multiple Choice
Which of the following could NOT be described as an asymmetric macroeconomic shock?
A) A hurricane that disrupts economic activity in one country only.
B) An epidemic of an animal disease in a country that significantly reduces the country's agricultural output.
C) A sudden and substantial rise in prices on the world oil market.
D) A sudden and substantial fall in the worldwide demand for French wine.
Correct Answer:
Verified
Correct Answer:
Verified
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