In a story from HYPERLINK "http://www.ft.com/" www.ft.com (1/31/2005) describing Ireland's transformation to a prosperous economy it was noted that "Ireland's story is unique: a small, English- speaking, non- industrialised country on the edge of Europe was able to secure structural funds from the EU, cut taxes, ... and attr of foreign companies in the process." As these policies were implemented investment steadily incr in Ireland.
The best describes the business cycle in Ireland.

Question

Quizplus · Accepted Answer

The Keynesian cycle theory emphasizes the role of government intervention and fiscal policy, such as cutting taxes and securing funds, in influencing economic growth and investment, which aligns with Ireland's economic transformation described in the story.

In a Story from HYPERLINK "Http://www