In the absence of external shocks or government policy,an economy would
A)Still experience business cycle fluctuations because of internal market forces.
B)Not experience business cycle fluctuations.
C)Not be able to expand production and output.
D)None of the choices are correct.

Question

Quizplus · Accepted Answer

Even in the absence of external shocks or government policy, an economy would still experience business cycle fluctuations due to internal market forces like changes in consumer demand, technological advancements, and fluctuations in investment and productivity. Internal market forces can have a significant impact on an economy, leading to expansions and contractions in output and economic growth. Therefore, choice A is correct.

In the Absence of External Shocks or Government Policy,an Economy