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The Factor Leading to Business Cycles in the _______ Cycle

Question 14

Multiple Choice

The factor leading to business cycles in the _______ cycle theory is unexpected fluctuations in aggregate demand while in the _______ cycle theory both unexpected and expected fluctuations in aggregate demand are factors that lead to business cycles.


A) new classical; monetarist
B) new Keynesian; Keynesian
C) real business; monetarist
D) monetarist; new Keynesian
E) new classical; new Keynesian

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