Most Economists Agree That the Immediate Cause of Most Business

question 284

Multiple Choice

Most economists agree that the immediate cause of most business cycle variation is

• A)an unexpected change in the productivity of workers.
• B)an unexpected change in the level of total spending.
• C)the invention of new products.
• D)the growth and subsequent bursting of financial bubbles.

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Definitions:

Behavioral and Cognitive

Pertaining to the psychological approaches that focus on altering negative behaviors and thought patterns.

Avoidance

A behavioral or psychological strategy of keeping away from certain situations, thoughts, or feelings that cause distress.

Approach

A method or way of dealing with a problem or task.

Positive End State

A positive end state refers to the desired and beneficial outcome of a process, plan, or intervention, aimed at improving well-being or resolving a problem.