Multiple Choice
Business cycles are
A) similar, but they can have many causes.
B) each unique, but all have a single cause.
C) similar, and all are created from external forces.
D) each unique, and they can have many causes.
E) similar, and they all have a single cause.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: In a competitive equilibrium, we assume that
Q3: According to Keynesian coordination failure theory, the
Q4: Improvements in a country's standard of living
Q5: Tax cuts<br>A) may have no effect, if
Q6: To be useful, macroeconomic models<br>A) must be
Q7: Canada has become a more open economy
Q8: The two key business cycle events in
Q9: The development most responsible for the wide-spread
Q10: During the 2008-2009 recession in Canada,<br>A) exports
Q11: The financial crisis<br>A) originated in Canada.<br>B) had