Multiple Choice
Which of the following is the factor that leads to business cycles in the Keynesian business cycle theory?
A) an unexpected change in aggregate demand
B) a change by the Fed in the growth rate of the quantity of money
C) a change in business confidence
D) a change in the growth rate of productivity
Correct Answer:
Verified
Correct Answer:
Verified
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Q236: According to the real business cycle (RBC)
Q237: Suppose the growth rate of the quantity
Q238: Cost-push inflation can be started by<br>A) a
Q239: To stop a demand-pull inflation using monetary
Q241: Which of the following can start a
Q242: When the price level is rising and
Q243: Stagflation occurs when the SAS curve shifts
Q244: The short-run Phillips curve is vertical at
Q245: Inflation describes the event of increasing output