According to the new Keynesian cycle theory of the business cycle, which of the following can trigger a business cycle expansion?
A)I only
B)II and III
C)I, II and III
D)None of these three will trigger an expansion.

Question

Quizplus · Accepted Answer

New Keynesian cycle theory suggests that business cycle expansions can be triggered by factors such as increased consumer confidence, government fiscal policy, and monetary policy interventions.

According to the New Keynesian Cycle Theory of the Business