Q
Which of the following could not be described as an asymmetric macroeconomic shock ?
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A
A. None of these answers all of them are asymmetric macroeconomic shocks
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B
B. A sudden and substantial fall in the worldwide demand for french wine
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C
C. An epidemic of an animal disease in a country that significantly reduces the countryβs agricultural output
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D
D. A sudden and substantial rise in prices on the world oil market
Correct Answer:
D. D. A sudden and substantial rise in prices on the world oil market