Disruptions in commodity prices and inflation are referred to as:

Question

Quizplus · Accepted Answer

Disruptions in commodity prices and inflation are typically referred to as economic shocks because they cause sudden and unexpected changes in the overall economic system. While macroeconomic downturns and economic corrections may also be the result of these shocks, they do not specifically describe the initial shock itself. Economic adjustments could be a more generic term that includes a variety of economic changes, but it does not specifically refer to disruptions in commodity prices and inflation as the question asks.

Disruptions in Commodity Prices and Inflation Are Referred to As