Some neoclassical economists argue that recessions are caused by
A) a deficiency of aggregate demand.
B) hoarding of savings.
C) outside shocks or disruptions.
D) free trade.
Correct Answer:
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Q12: Which of the following is true of
Q13: In the neoclassical view of the macroeconomy,
Q14: In the neoclassical view of the macroeconomy,
Q15: In the neoclassical view of the macroeconomy,
Q16: In the neoclassical view of the macroeconomy,
Q18: Progressive economists argue that conservatives tend to
Q19: At the beginning of the Great Depression
A)
Q20: Why are Neoclassical economists often called "equilibrium
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Q22: The assumption that all savings out of
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