Both New Keynesian and New Classical Cycle Theories Claim That

question 18

Multiple Choice

Both new Keynesian and new classical cycle theories claim that .

• A) shifts in the SAS curve are the main impulse for a business cycle
• B) expected changes in the quantity of money can trigger a business cycle
• C) unexpected changes in aggregate demand trigger a business cycle
• D) animal spirits can trigger a business cycle

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Definitions:

Metaphors

A figure of speech in which a word or phrase is applied to an object or action to which it is not literally applicable.

Phonics Approach

An approach emphasizing that reading instruction should focus on teaching the basic rules for translating written symbols into sounds.

Whole-language Approach

An educational methodology that emphasizes the importance of context in reading literacy, promoting learning words as whole pieces of language rather than in phonetic parts.

Fast Mapping

A process that helps to explain how young children learn the connection between a word and its referent so quickly.