Multiple Choice
Which of the following are business cycle theories that regard fluctuations in aggregate demand as the factor that creates business cycles?
I. Keynesian cycle theory
II. real business cycle theory
III. monetarist cycle theory
A) I only
B) I and II
C) I and III
D) I, II and III
E) II and III
Correct Answer:

Verified
Correct Answer:
Verified
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