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The "No - Markets Fail Often" Camp Argues That

Question 277

Multiple Choice

The "No - Markets Fail Often" camp argues that


A) expectations are more important than interest rates for business investment decisions.
B) most shocks are external to the economy.
C) supply shocks are more important than demand shocks for explaining business cycles.
D) business expectations are rational.
E) government is part of the problem of business cycles.

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