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AURORKA [14]
3 years ago
12

4. Which of the following is not a situation involving external shock?

Business
2 answers:
melomori [17]3 years ago
8 0

Answer:

consumers reduce spending as they fear the nation will go into war

Explanation:

shocks are unpredictable in nature, external shocks are outside our control. sudden discoveries, disaster , death of trading partner etc are some of the examples. They usually affect the imports - exports of nations.

If consumers perceive war coming possibly due to utterances/actions of political leaders. The reduced spending ( spending pattern) is expected as people prefer to  have cash with them during war due to scarcity or need to run to safe places.

Ivanshal [37]3 years ago
6 0

Answer:

<h2><em>The answer is the first option :)</em></h2>

Explanation:

<h3><em>consumers reduce spending because they fear that their nation is going to war.</em></h3>
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Explanation:

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3 years ago
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