4. When it comes to destabilizing economic shocks, the _____ shock as the worst type of shock for an economy to have.

Select one:

a.negative demand

b.positive demand

c.negative supply

d.positive supply

5. The Canadian economy experiences a negative demand shock due to the after effects of Covid-19. Due to this the economy has

Select one:

a.a recessionary gap.

b.an inflationary gap.

c.a liquidity trap.

d.crowding out.