Multiple Choice
The real business cycle theory
A) indicates that supply side shocks cause most business cycles.
B) indicates that demand side shocks cause most business cycles.
C) indicates that unanticipated changes in the money supply cause most business cycles.
D) indicates that frequent fiscal policy actions cause most business cycles.
Correct Answer:
Verified
Related Questions
Q223: Stagflation means a
A) high rate of inflation
Q224: Using a graph, show and explain the
Q225: Describe and explain the policy irrelevance proposition.
Q226: During the 1970s, the shocks to the
Q227: Which of the following would NOT cause
Q229: According to sticky-price theories,
A) only fiscal policy
Q230: Which of the following holds that business
