The ________ cycle theory states that only unexpected fluctuations in aggregate demand are the main source of business cycles.
A) new Keynesian
B) new classical
C) Keynesian
D) monetarist
Correct Answer:
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Q35: Q36: What, according to the monetarist theory of Q37: Q38: Q39: In the monetarist business cycle theory, decreasing Q41: New Keynesian economists believe that _ is Q42: According to the new classical theory, _ Q43: Both new Keynesian and new classical cycle Q44: An unexpected decrease in aggregate demand will Q45: A larger than expected increase in aggregate 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
