The ________ States That the Main Source of Economic Fluctuations

question 42

Multiple Choice

The ________ states that the main source of economic fluctuations is volatile business confidence.

• A) real business cycle theory
• B) new classical cycle theory
• C) Keynesian cycle theory
• D) monetarist cycle theory

---

Definitions:

Cost of Goods Sold

The immediate expenses linked to the creation of products that a company sells.

Sales

The transactions involving the exchange of goods or services for money, constituting the revenue of a business.

Accounts Receivable Balance

The total amount of money owed to a company by its customers for goods or services sold on credit.

Cost of Goods Sold

The direct costs associated with producing goods sold by a company, including materials and labor costs.