Suppose that forecasters have incorrectly estimated aggregate demand. According to the ________, this mistake could trigger a business cycle.
A) Keynesian cycle model
B) monetarist cycle model
C) new classical cycle model
D) real business cycle model
Correct Answer:
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Q46: The _ theory of the business cycle
Q47: According to the new classical model, changes
Q48: According to the new Keynesian cycle theory
Q49: The factor leading to business cycles in
Q50: Both the new classical and new Keynesian
Q52: The new Keynesian cycle theory of the
Q53: According to the new classical theory, _
Q54: Which of the following CORRECTLY describes the
Q55: The key difference between the new classical
Q56: Which business cycle theory emphasizes that, because
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