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Supply shock (economics)

From Citizendium - Reading time: 1 min


Supply shock (economics) [r]: An unanticipated, exogenous, short-term change in the availability or price of a product or commodity that has a significant influence upon the performance of an economy - such as an oil price increase. [e]

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Licensed under CC BY-SA 3.0 | Source: https://citizendium.org/wiki/Supply_shock_(economics)
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