Which of the following is not seen by economists as an underlying cause of business cycle fluctuations?
A) unexpected financial bubbles that eventually burst
B) shocks to the money supply by the nation's central bank
C) supply shocks caused by major innovations
D) All of these are identified as causes of business cycle changes.
Correct Answer:
Verified
Q8: What is the primary reason that changes
Q8: Which of the following would most likely
Q9: In which of the following industries or
Q14: Innovations such as the microchip and the
Q15: In which phase of the business cycle
Q15: A recession is defined as a period
Q16: An unexpected increase in total spending will
Q18: The phase of the business cycle in
Q18: The United States' economy is considered to
Q20: Most economists agree that the immediate determinant
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents