Economists use the term shocks to mean: / » Macro Economics 2 solved MCQs / By admin Question: Economists use the term shocks to mean: A. unexpected government actions that affect the economy B. typically unpredictable forces that have major impacts on the economy C. sudden rises in oil prices D. the business cycle. Answer» b. typically unpredictable forces that have major impacts on the economy Note: The above multiple-choice question is for all general and Competitive Exams in India.
