One model of the business cycle claims that volatile business confidence is the primary factor in starting a business cycle. This model is the
A) new classical theory.
B) aggregate supply model.
C) Keynesian cycle theory.
D) real business cycle model.
Correct Answer:
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Q201: Which theory assumes that business cycles occur
Q202: Which theory emphasizes frequent changes in investment
Q203: Keynesians believe that
A) the economy will normally
Q204: The factor leading to business cycles in
Q205: For monetarists the main cause of economic
Q207: What, according to the monetarist theory of
Q208: Suppose that managers forecasted a large decline
Q209: The monetarist theory of the business cycle
Q210: The Keynesian explanation of the business cycle
Q211: Keynes used the term ʺanimal spiritsʺ to
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