The "Yes - Markets Self-Adjust" camp argues that
A) expectations are more important than interest rates for business investment decisions.
B) most shocks are external to the economy.
C) demand shocks are more important than supply shocks for explaining business cycles.
D) business expectations are quickly changeable.
E) government is the solution to business cycles, not the problem.

Question

Quizplus · Accepted Answer

The Answer of The "Yes - Markets Self-Adjust" camp argues that
A) expectations are more important than interest rates for business investment decisions.
B) most shocks are external to the economy.
C) demand shocks are more important than supply shocks for explaining business cycles.
D) business expectations are quickly changeable.
E) government is the solution to business cycles, not the problem.

The "Yes - Markets Self-Adjust" Camp Argues That