which of the following is not a situation involving external shock? a) consumers reduce spending because they fear that their nation is going to war. b) consumers use more gasoline because of lower prices due to the discovery of large deposits of oil. c) consumers reduce spending on expensive goods because the country has gone to war. d) consumers pay high prices for corn becasue of a severe drought.

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Asked 11/12/2010 9:18:42 AM

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User: which of the following is not a situation involving external shock? a) consumers reduce spending because they fear that their nation is going to war. b) consumers use more gasoline because of lower prices due to the discovery of large deposits of oil. c) consumers reduce spending on expensive goods because the country has gone to war. d) consumers pay high prices for corn becasue of a severe drought.

Weegy: b) consumers use more gasoline because of lower prices due to the discovery of large deposits of oil.
Expert answered|Luketf|Points 135|

User: what is a steady, long-term increase in real GDP referred to as? a) recession b) peak c) economic growth d) depression

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Asked 11/12/2010 9:18:42 AM

Updated 8/25/2021 2:15:23 PM

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Wallet.ro

Economic growth is a steady, long-term increase in real GDP.

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