Which of the Following Statements Is True About Causes of Business

question 285

Multiple Choice

Which of the following statements is true about causes of business cycle fluctuations?

• A) Economists all agree that supply shocks are the cause of most business cycle fluctuations.
• B) Economists all agree that productivity shocks are the cause of most business cycle changes.
• C) Economists all agree that monetary changes are primarily responsible for business cycle fluctuations.
• D) There are a wide range of theories as to the underlying causes of business cycle movements.

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Definitions:

Learned Helplessness

A condition in which a person suffers from a sense of powerlessness, arising from traumatic events or persistent failure.

Social and Emotional Adjustment

The process of adapting or conforming to new social and emotional environments or realities, often crucial for mental health and wellbeing.

Seligman's Terms

Refers to concepts and theories developed by psychologist Martin Seligman, particularly related to positive psychology and well-being.

Optimistic

Having a positive outlook or belief that things will turn out well or that the future holds positive possibilities.