Which of the following is not discussed by the text as a possible source of business cycle fluctuations?
A) Private sector disturbances
B) Changes in monetary policy
C) Changes in fiscal policy
D) Energy supply disturbances
E) None of the above
Correct Answer:
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Q2: The rate of inflation in the United
Q3: Since 1966 in the United States, there
Q4: Interest rates in the United States have
A)
Q5: Roughly defined, the unemployment rate is
A) the
Q6: Potential GDP is a measure of
A) all
Q8: With the presence of a short-run trade-off
Q9: The term rational expectations is most accurately
Q10: The recession experienced in the United States
Q11: The real money supply
A) tends to grow
Q12: Let a price index increase from 136.2
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