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What impact would you expect each of the following events to have on business c Show more What impact would you expect each of the following events to have on business cycles? Label each as a demand-side or supply-side shock. Defense production increases due to the imminent threat of war Net exports decline due to a deep recession in Europe A sharp increase in technology innovation leads to significant productivity growth What economic policy changes might you expect in response to each of these events? I dont want answers that match this question that was asked previously because they were lacking the demand-side or supply-side and also the policy changes that a person would expect in response to each of the events. Show less
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