What do you call business cycle theories based on the belief that economic activity follows general trends of optimism and pessimism?
A) Theories of expectations
B) Real business cycle theories
C) Theories of innovation
D) Theories of externalities
E) Sunspot theories
Correct Answer:
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Q42: Which of the following statements is true?
A)In
Q43: Which theories concerning the business cycle focus
Q44: For an economy to expand its investment
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