All of the following,except one,are possible causes of the business cycle.Which is the exception?
A) An increase in the economic growth rate.
B) A change in government spending.
C) A change in interest rates.
D) A change in the foreign demand for Canadian products.
E) A significant technological breakthrough.
Correct Answer:
Verified
Q1: Which of the following is true regarding
Q3: What is the business cycle?
A)The expansionary and
Q4: Why is the AS curve upward-sloping?
A)Because,since nominal
Q5: At low levels of Real GDP,what is
Q6: What is Potential GDP?
A)The total amount of
Q7: What is aggregate supply?
A)The aggregate quantity produced
Q8: Which of the following statements is true
Q9: If the economy is close to full
Q10: What does the LAS curve reflect?
A)The effect
Q11: All of the following,except one,refer to the
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