Multiple Choice
The factor leading to business cycles in the ________ cycle theory is unexpected fluctuations in aggregate demand while in the ________ cycle theory both unexpected and expected fluctuations in aggregate demand are factors that lead to business cycles.
A) new classical; monetarist
B) new classical; new Keynesian
C) new Keynesian; Keynesian
D) monetarist; new Keynesian
E) real business; monetarist
Correct Answer:

Verified
Correct Answer:
Verified
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