Events that arise spontaneously and unpredictably, often as a result of changes in consumer and business confidence regarding the economy, are called

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Demand shocks are events that cause sudden changes in the demand for goods and services, often due to shifts in consumer and business confidence. These can lead to either rapid increases or decreases in demand, affecting the economy unpredictably.

Events That Arise Spontaneously and Unpredictably, Often as a Result