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    Exam 7: The Macroeconomy: Unemployment, Inflation, and Deflation
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    Which of the Following Would Be Considered an External Shock
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Which of the Following Would Be Considered an External Shock

Question 354

Question 354

Multiple Choice

Which of the following would be considered an external shock?


A) a decline in tax revenues during a recession
B) a recession
C) a depression
D) a war

Correct Answer:

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