The business cycle impulse in the new classical theory of the business cycle is
A) fluctuations in money growth with rigid wages.
B) expected changes in aggregate demand.
C) fluctuations in investment coupled with rigid wages.
D) unexpected changes in aggregate demand.
Correct Answer:
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Q75: Q76: Which of the following can start an Q77: If the unemployment rate initially equals its Q78: Which theory of the business cycle maintains Q79: Which theory views fluctuations in productivity as Q81: Suppose that managers forecast a large decline Q82: Stagflation is the result of
A)a decrease in
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