Multiple Choice
Some neoclassical economists argue that recessions are caused by
A) a deficiency of aggregate demand.
B) hoarding of savings.
C) outside shocks or disruptions.
D) free trade.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q13: According to conservative economists, how does the
Q14: In the neoclassical view of the macroeconomy,
Q15: In the neoclassical view of the macroeconomy,
Q16: Why does the interest rate typically fall
Q17: Progressive economists argue that conservatives tend to
Q18: In the neoclassical view of the macroeconomy,
Q19: According to Say's law, a lack of
Q21: In the neoclassical view of the macroeconomy,
Q22: Why are Neoclassical economists often called "equilibrium
Q23: Say's law was developed<br>A) by John Maynard