The ________ Cycle Theory States That Only Unexpected Fluctuations in Aggregate

question 137

Multiple Choice

The ________ cycle theory states that only unexpected fluctuations in aggregate demand are the main source of business cycles.

• A) new Keynesian
• B) new classical
• C) Keynesian
• D) monetarist

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Definitions:

Opposing Argument

A statement or viewpoint that conflicts with or counters another argument or proposition.

Alternative Response

A different or non-traditional reaction or solution to a given situation or problem.

Minds

The elements of a person that enables them to be aware of the world and their experiences, to think, and to feel; the faculty of consciousness and thought.

Physical Things

Objects that exist in space and time, possessing material substance and can be perceived by the senses.