The "Yes - Markets Self-Adjust" camp argues that
A) expectations are more important than interest rates for business investment decisions.
B) most shocks are internal 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 part of the problem of business cycles.

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 internal 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 part of the problem of business cycles.

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