In Real Business Cycle Theory, ________ Are the Main Source

question 37

Multiple Choice

In real business cycle theory, ________ are the main source of economic fluctuations.

• A)unexpected changes in government expenditure
• B)random fluctuations in investment
• C)random fluctuations in productivity
• D)unexpected changes in the full-employment quantity of labour
• E)changes in the quantity of money

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Definitions:

Scientific Management

A management theory that emphasizes efficiency and productivity by optimizing tasks, promoting specialization, and using time and motion studies.

Job Enrichment

A strategy used in organizational management to motivate employees by giving them more responsibilities and variety in their tasks.

Motivational Theory

A concept in psychology that seeks to explain what drives an individual's behavior through various forms of incentives or rewards.

Individual Differences

Individual differences describe the variation in cognitive, emotional, psychological, and physical attributes among people.