In the coordination failure model, business cycles can be caused by events that are completely unrelated to economic fundamentals such as
A) climate.
B) business and consumer confidence.
C) preferences, endowments and technology.
D) countercyclical government policy.
E) politics.

Question

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The Answer of In the coordination failure model, business cycles can be caused by events that are completely unrelated to economic fundamentals such as
A) climate.
B) business and consumer confidence.
C) preferences, endowments and technology.
D) countercyclical government policy.
E) politics.

In the Coordination Failure Model, Business Cycles Can Be Caused