Multiple Choice
According to real business cycle theory,the primary causes of business cycles are
A) shocks to aggregate demand.
B) monetary factors.
C) technology shocks.
D) waves of self-fulfilling optimism and pessimism.
Correct Answer:

Verified
Correct Answer:
Verified
Q45: Unemployment,at the aggregate level.,<br>A) is avoidable.<br>B) is
Q46: Over the long run,taxes and government expenses
Q47: For macroeconomics,banks<br>A) are similar to other firms.<br>B)
Q48: A trade-off between aggregate output and inflation<br>A)
Q49: Which aspect of macroeconomics generates the most
Q51: According to Keynesian coordination failure theory,the primary
Q52: A good measure of productivity is<br>A) the
Q53: Asymmetric information is:<br>A) information revealed by economic
Q54: Two plausible hypotheses to explain the productivity
Q55: Primarily,macroeconomists use microeconomic principles to study<br>A) business