More cards in this set

Card 6

Front

Causes of trade cycle: ... shocks affect aggregate demand as there is an increase in interest, and increase in taxation, the stock market crashes and the housing market bubble bursts causing collapse

Back

Preview of the front of card 6

Card 7

Front

Causes of trade cycle: ... shocks affect aggregate supply with there being a sharp rise in commodity prices

Back

Preview of the front of card 7