According to monetarists, the main source of fluctuations in economic activity is
A) changes in the amount of money in the economy.
B) waves of optimism and pessimism that cause business investment in capital goods to fluctuate.
C) changes in the prices of oil and other resources.
D) changes in productivity.
Correct Answer:
Verified
Q37: The reorganization period in the U.S.occurred from
A)1929−1949.
B)1949−1970.
C)1971−1982.
D)1982−present.
Q38: The change in output that is not
Q39: The economic liftoff period in the U.S.occurred
Q40: Consider the following production function?
Q41: A period when output, income, and employment
Q43: The shortest economic expansion in U.S.history occurred
Q44: Which of the following statements is true?
A)Recessions
Q45: Business cycle refers to the
A)rise and fall
Q46: The last depression in the United States
Q47: According to Keynesians, the main source of
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