Which of the Following Is Not an Aggregate-Demand-Side Explanation of Business

question 221

Multiple Choice

Which of the following is not an aggregate-demand-side explanation of business cycles?

• A) the real-business-cycle theory
• B) the idea of coordination failures
• C) mainstream macroeconomics
• D) monetarism

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Definitions:

Pre-tax Net Annual Savings

The amount of money saved annually before taxes, often resulting from implementing cost-saving measures or efficiency improvements.

Bank Loan

A sum of money lent at interest by a bank to a borrower, usually on collateral security, for a certain period.

Collection Float

The time period between when a check is deposited and when the funds are made available.

Chequing Account

A bank account from which money can be withdrawn without notice, typically used for day-to-day spending and bill payments.