One Model of the Business Cycle Claims That Volatile Business

question 14

Multiple Choice

One model of the business cycle claims that volatile business confidence is the primary factor in starting a business cycle. This model is the

• A) real business cycle model.
• B) Keynesian cycle theory.
• C) aggregate supply model.
• D) new classical theory.

---

Definitions:

Sued

The act of bringing a lawsuit against an individual or entity, claiming that they committed a wrong or injustice that should be remedied through legal action.

Evict Tenant

To evict a tenant means to legally remove a tenant from a rental property, typically due to violation of a rental agreement or non-payment of rent.

Prescribed Procedure

A set method or course of action dictated by rules or regulations that is meant to be followed in specific situations.

Behind on the Rent

The situation where a tenant fails to pay their rent within the specified timeline as per their lease or rental agreement.