Which Theory Emphasises Frequent Changes in Investment Because of "Animal

question 63

Multiple Choice

Which theory emphasises frequent changes in investment because of "animal spirits" as the main source of economic fluctuations?

• A)Keynesian cycle theory
• B)Monetarist cycle theory
• C)New classical cycle theory
• D)Real business cycle theory

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Definitions:

Upset

A state of being unhappy, disappointed, or worried.

Hospitalization

The act of admitting a patient to a hospital for treatment, observation, or surgery.

Intervention

Actions taken to improve a situation, especially in health, social, or educational matters.

Detachment

An emotional state or condition of being disengaged or aloof, often used in psychological contexts.