Discuss positive supply shock and negative supply shock

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Reference no: EM131530588

Question: Suppose that the economy is currently at potential output. Also suppose that you are an economic policy maker and that a college economics student asks you to rank, if possible, your most preferred to least preferred type of shock: positive demand shock, negative demand shock, positive supply shock, negative supply shock. How would you rank them and why?

Reference no: EM131530588

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