Both New Keynesian and New Classical Cycle Theories Claim That

question 403

Multiple Choice

Both new Keynesian and new classical cycle theories claim that

• A) animal spirits can trigger a business cycle.
• B) shifts in the SAS curve are the main impulse for a business cycle.
• C) unexpected changes in aggregate demand trigger a business cycle.
• D) expected changes in the quantity of money can trigger a business cycle.

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Definitions:

Children's Tickets

Special ticket pricing offered for children, often at a reduced rate compared to adult prices, used in various events, transportation, and entertainment venues.

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A major airport located in Chicago, Illinois, known for being one of the busiest airports in the world.

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Moving or facing away from each other in a straight line.

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An inequality that involves linear functions. It represents a region of the coordinate plane that satisfies the inequality relation.