They are in shock and demand that his body be brought from Pakistan and cremated with state honors, family friend Raj Kumar said in New Delhi.
We conclude that the demand-augmenting effect of an immigration shock is a significant secondary adjustment process that must be considered when assessing the distributional effects of immigration.
In other words, the problem with corn, wheat, and soybean prices is the consequence of a supply shock, not a structural move in demand.
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The lack of demand for the programme appears to have come as a great shock to the government.
The IEA has warned of an oil supply shock within five years and on Thursday raised its oil demand forecast for 2010 to 86.5 million barrels a day.
The Keynesian story goes like this- if there is collapse in private sector demand due to a failure of business confidence or some other economic shock, then rather than suffer unemployment and all the other negative consequences of recession it is possible for government through public spending to replace the lost demand and steer the economy back to full employment.
This underlines the fact that oil prices have been driven higher largely by an increase in global demand, especially in China and America, rather than by a supply shock, as happened in the past.
Rather than the short-sharp-shock needed to burst any bubble, Treasuries have seemingly been undergoing a slowing of demand, a release of air if you will, that may reduce the risk of any actual pop.
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The demand for labor has risen as a response to the large, positive terms-of-trade shock that drove resources to labor-intensive non-commodity sectors.
With global demand for oil growing by 1-2% a year, there are persistent fears of a supply shock.
Their reaction to the offense was shock: He was removed from the school and given a new violin instructor, whose first demand of his student was that he learn the Mendelssohn concerto first.
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