3175EconomicsMedium
Which of the following could not be described as an asymmetric macroeconomic shock?
ANone of these answers All of them are asymmetric macroeconomic shocks
BA sudden and substantial rise in prices on the world oil market
CAn epidemic of an animal disease in a country that significantly reduces the country’s agricultural output
DA sudden and substantial fall in the worldwide demand for French wine
Correct answer
B. A sudden and substantial rise in prices on the world oil market
Explanation
The correct answer is A sudden and substantial rise in prices on the world oil market.