Multiple Choice
Shocks to the economy occur
A) when expectations are unmet.
B) whenever the price level changes.
C) whenever government implements fiscal or monetary policy.
D) because most economic behavior is unpredictable.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q227: The three statistics that are the main
Q228: Increased optimism about the future will lead
Q229: Why are savings and investment so important
Q230: (Consider This) If Ford Motor Company purchases
Q231: Modern economic growth<br>A) started occurring during the
Q233: A nation that realizes a 3 percent
Q234: Suppose that an economy's output does not
Q235: (Consider This) The so-called Great Recession in
Q236: Economists believe that most short-run fluctuations in
Q237: The business cycle is primarily concerned with