In a story from www.Forbes.com (5/30/2003) , it was reported that the Chief Technology Officer of the U.S. plans for the country to spend $58.1 billion on technology that year. He was planning to buy technology from Cisco Systems, Oracle and Sun Microsystems in addition to other software makers. This story reports on technological change which is the stressed in the ________ of business cycles.
A) real business cycle theory
B) new Keynesian cycle theory
C) new classical cycle theory
D) monetarist cycle theory
Correct Answer:
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