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K, C or E? Why economists can’t agree on the shape of today’s economy

CNBC · Business · 2026-08-29

K, C or E? Why economists can’t agree on the shape of today’s economy

Economists have long viewed the post-pandemic economy as "K"-shaped. That consensus has now evaporated. K, C or E? Why economists can’t agree on the shape of today’s economy.

Why it matters. Understanding economic recovery shapes is crucial for civic learners and policymakers because differing economic models directly influence fiscal policy, interest rates, and public welfare decisions.

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