A short term consequence was poverty and a long term consequence is segregation. The economies are rising after nearly decades of poverty. This might be long term or short term if the economies keep growing.
Answer:
Option “D” Consumers become worried about job loss and buy fewer goods and services than expected, is the correct answer
Explanation:
Option “D” is correct because demand shock refers to the sudden decrease or increase in demand. However, option A, B, C represents supply shock because supply shock refers to a sudden increase and decrease of supply. Thus, in option A, B, C supply is decreasing suddenly while in option D the demand is decreasing. Thus option D is correct.
Michele de Cuneo he is Columbus's childhood friend from savona.
