Multiple Choice
Business cycles are
A) each unique, but all have a single cause.
B) each unique and they can have many causes.
C) similar, and they all have a single cause.
D) similar, but they can have many causes.
Correct Answer:

Verified
Correct Answer:
Verified
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
Q56: When there is positive inflation<br>A) the nominal
Q58: Which period was not a recession in
Q59: A likely explanation for the 2008-2009 recession
Q60: According to the Lucas critique,changes in economic
Q61: Limit commitment occurs when<br>A) collateral is required
Q62: The structure of a macroeconomic model involves