Multiple Choice
Which of the following is not seen by economists as an underlying cause of business cycle fluctuations?
A) unexpected financial bubbles that eventually burst
B) shocks to the money supply by the nation's central bank
C) supply shocks caused by major innovations
D) All of these are identified as causes of business cycle changes.
Correct Answer:
Verified
Correct Answer:
Verified
Q34: Which of the following countries experienced deflation
Q35: Unanticipated inflation arbitrarily<br>A)"subsidizes" those who receive fixed
Q37: Dr.Homer Simpson, an economics professor, decided to
Q38: Which of the following would most likely
Q40: Regarding the overall effect of negative interest
Q41: Given the annual rate of inflation, the
Q42: Unanticipated inflation tends to penalize<br>A)people who save
Q43: The natural rate of unemployment in the
Q44: In the expansion phase of a business
Q142: Only two resources, capital and labor, are