Exogenous shocks can alter the world around you. Shocks like 9/11 attack in US, Covid-19 are examples
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Question:
Exogenous shocks can alter the world around you. Shocks like 9/11 attack in US, Covid-19 are examples of such shocks that have the potential of leading to some permanent shifts in the business economic environment in which businesses operate. Previous quarter GDP numbers in India saw a sharp deceleration of 23.9%. Explain various demand and supply shocks that resulted from Covid-19 and have led to the current slowdown
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