Suppose That Managers Forecasted a Large Decline in Expected Sales

question 433

Multiple Choice

Suppose that managers forecasted a large decline in expected sales and profits and so their confidence plummets. According to the , this forecast might start a business cycle.

• A) monetarist cycle theory
• B) circular flow theory
• C) Keynesian cycle theory
• D) new classical cycle theory

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Definitions:

Positive Emotions

Feelings that are enjoyable and bring happiness, such as joy, contentment, and love, which can improve well-being and social interactions.

Effective Recency

The phenomenon where more recently learned information is recalled more effectively than older information.

Interference

A phenomenon in memory where the learning of new information hampers the ability to recall previously learned information.