Demand shock/Definition: Difference between revisions

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imported>Nick Gardner
(New page: <noinclude>{{Subpages}}</noinclude> An unanticipated short-term fall in demand for domestically-produced goods and services that was not the consequence of the operation of the [[economic ...)
 
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An unanticipated short-term fall in demand for domestically-produced goods and services that was not the consequence of the operation of the [[economic system]] - such as a sharp fall in world trade.
An unanticipated [[exogenous]] short-term change  in the demand for domestically-produced goods and services - such as could result from a sharp fall in world trade.

Revision as of 04:56, 14 March 2010

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Demand shock [r]: An unanticipated exogenous short-term change in the demand for domestically-produced goods and services - such as could result from a sharp fall in world trade.