Shock

From CNM Wiki
Revision as of 19:21, 2 July 2020 by Kainat9 (talk | contribs) (Created page with "Shock is an exogenous change in an economic relationship, such as the aggregate demand or aggregate supply curve. ==Definition== According to Macroeconomics by Mankiw (...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Shock is an exogenous change in an economic relationship, such as the aggregate demand or aggregate supply curve.

Definition

According to Macroeconomics by Mankiw (7th edition),

Shock. An exogenous change in an economic relationship, such as the aggregate demand or aggregate supply curve.
Retrieved from "https://wiki.cnmcyber.com/w/index.php?title=Shock&oldid=50413"