Define most preferred to least preferred type of shock

Reference no: EM13244090

Suppose that the economy is currently at potential output.Also suppose that you are an economic policy maker and that acollege economics student asks you to rank, if possible, your mostpreferred to least preferred type of shock: positive demand shock,negative demand shock, positive supply shock, negative supplyshock. How would you rank them and why?

Reference no: EM13244090

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