Question: Here are several economic events that could potentially help trigger a recession. Say which category each one falls into. War in the Middle East destroys
Here are several economic events that could potentially help trigger a recession. Say which category each one falls into.
War in the Middle East destroys oil fields in Saudi Arabia.
multiple choice
Negative supply shift
Negative demand shift
Inflation fighting
Problems in financial markets
China suddenly cuts off exports to the United States.
multiple choice
Negative supply shift
Negative demand shift
Problems in financial markets
Inflation fighting
Inflation accelerates sharply to percent a year.
multiple choice
Inflation fighting
Problems in financial markets
Negative supply shift
Negative demand shift
Exports plummet as income falls in other countries.
multiple choice
Negative demand shift
Negative supply shift
Inflation fighting
Problems in financial markets
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