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  3. Study Set
    Macroeconomics Study Set 4
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    Exam 1: Introduction
  5. Question
    According to Keynesian Coordination Failure Theory, the Primary Causes of Business
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According to Keynesian Coordination Failure Theory, the Primary Causes of Business

Question 3

Question 3

Multiple Choice

According to Keynesian coordination failure theory, the primary causes of business cycles are


A) monetary factors.
B) technology shocks.
C) waves of self-fulfilling optimism and pessimism.
D) fiscal shocks.
E) shocks to aggregate demand.

Correct Answer:

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