The Business Cycle Impulse in the New Classical Theory of the Business

question 231

Multiple Choice

The business cycle impulse in the new classical theory of the business cycle is

• A) expected changes in aggregate demand.
• B) unexpected changes in aggregate demand.
• C) fluctuations in money growth with rigid wages.
• D) fluctuations in investment coupled with rigid wages.

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Definitions:

Galvanic Skin Response (GSR)

A physiological reaction that results in the variation of the electrical conductance of the skin, often used as an indicator of emotional arousal.

Parental Investment

The time and energy parents expend for their offspring’s benefit, including protection, feeding, and teaching.

Electrical Conductivity

A measure of a material's ability to conduct an electric current.

Mate Preference

Criteria or attributes an individual finds desirable in a potential sexual or romantic partner.