Question: All but one of the following have occurred in the period of recovery after the Covid recession of February - April 2020. Which has

All but one of the following have occurred in the period of

All but one of the following have occurred in the period of recovery after the Covid recession of February - April 2020. Which has not occurred? O A price shock, in the form of higher energy price inflation O Strong demand led by high consumer spending. O An adverse supply shock, due to energy prices, supply-chain disturbances, and labor shortages. A rise in the federal funds rate due to Fed reaction to a positive GDP gap.

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