What are Real Shocks?
- Title:
- What are Real Shocks?
- Description:
-
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A real shock to an economy is an unexpected or unpredictable event and it can have either a positive or negative effect. Examples of real shocks include droughts, changes to the oil supply, hurricanes, wars, and technological changes.
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- Video Language:
- English
- Team:
- Marginal Revolution University
- Project:
- Dictionary of Economics
- Duration:
- 02:12