Economics · Macroeconomic Phenomena
An event or effect in the economy that persists even after the factors that initially caused it have been removed is known as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Hysteresis✓
- 2Seigniorage
- 3Barro-Ricardian equivalence
- 4Misery index
Correct answer
Hysteresis
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