When a negative shock to the economy becomes more intense due to worsening financial market conditions, it's known as a negative shock accelerator.

Name: When a negative shock to the economy becomes more intense due to worsening financial market conditions, it's known as a negative shock accelerator.
Brand: Quizplus
Rating: 4.8 (55 reviews)

Question

Quizplus · Accepted Answer

The correct term for this phenomenon is "financial accelerator," which refers to the process where worsening financial conditions amplify the effects of a negative economic shock.

When a Negative Shock to the Economy Becomes More Intense