What type of recession would be caused by such a pandemic? Provide an explanation.
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Solution 1
A pandemic like the one we are currently experiencing can lead to a type of recession known as a demand-driven recession. This type of recession occurs when there is a significant decrease in consumer spending and overall demand for goods and services.
Here is an explanation of how a pandemic can c Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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