Most Economists Agree That the Immediate Cause of Most Business

question 89

Multiple Choice

Most economists agree that the immediate cause of most business cycle variation is

• A) an unexpected change in the productivity of workers.
• B) an unexpected change in the level of total spending.
• C) the invention of new products.
• D) the growth and subsequent bursting of financial bubbles.

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Definitions:

Corporate Warrior

An employee who is highly dedicated and aggressively works towards achieving the company's goals.

Transformations

Comprehensive changes or conversions in form, nature, or appearance, especially significant in scope or scale.

Short-term Perspective

A focus on immediate or near-future outcomes and goals, often at the expense of long-term planning.

Self-interest

The pursuit of personal gain or advantage, often considered a motivation in economics and psychology.