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Which of the Following Are Business Cycle Theories That Regard

question 20

Multiple Choice

Which of the following are business cycle theories that regard fluctuations in aggregate demand as the factor that creates business cycles?
I. Keynesian cycle theory
II. real business cycle theory
III. monetarist cycle theory


Definitions:

Long-Term Liabilities

Financial obligations of a business that are due beyond one year, including bonds payable, long-term loans, and lease obligations.

Operating Cycle

The duration of time from the purchase of raw materials to the collection of receivables from the sale of the finished goods.

Estimated Liabilities

Obligations that are anticipated but not yet confirmed in terms of their exact value or timing.

Vacation Benefits

A form of employee compensation where workers receive paid time off from work, meant to offer rest and recreation.

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