The factor leading to business cycles in the Keynesian model is
A) changes in business confidence.
B) a speed up in money growth.
C) unanticipated changes in aggregate demand.
D) unanticipated changes in aggregate supply.
Correct Answer:
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Q13: Which of the following are business cycle
Q14: Keynesians believe that
A) money wage rate adjustments
Q15: Which theory assumes that business cycles occur
Q16: The Keynesian explanation of the business cycle
Q17: Which theory emphasizes frequent changes in investment
Q19: The factor that leads to business cycles
Q20: The Keynesian explanation of the business cycle
Q21: In the monetarist business cycle theory, the
Q22: The new classical theory argues that the
Q23: Which of the following is TRUE regarding
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