Both New Keynesian and New Classical Cycle Theories Claim That

question 12

Multiple Choice

Both new Keynesian and new classical cycle theories claim that

• A)animal spirits can trigger a business cycle.
• B)shifts in the SAS curve are the main impulse for a business cycle.
• C)unexpected changes in aggregate demand trigger a business cycle.
• D)expected changes in the quantity of money can trigger a business cycle.
• E)a change in the price of oil is the major cause of a business cycle.

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Definitions:

Global Expansion

The strategic growth of a company beyond its home country, entering new markets to increase market share, diversify, and achieve economies of scale.

Growth Strategy

A strategy that involves expansion of the organization’s current operations.

Attractive Industry

A sector of the economy that is appealing to investors and companies due to its potential for high profitability, growth, and stable demand.

Competitors

Businesses or individuals that offer similar products or services and compete for the same market share or audience.