When the Recession Started in 2008, the Government Estimated That

question 369

Multiple Choice

When the recession started in 2008, the government estimated that labor productivity for the year was -2.8 percent. This result is most in line with which theory of business cycle fluctuations?

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

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Genetically Inherited

Traits or characteristics passed down from parents to offspring through genes.

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A predisposition or vulnerability to developing a psychological disorder based on genetic or environmental factors.

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Genetic risk refers to the probability of an individual developing a disease or condition based on the genes inherited from their parents.

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