Which of the Following Are Business Cycle Theories That Regard

question 334

Multiple Choice

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

• A) I only
• B) I and II
• C) I and III
• D) I, II and III

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Definitions:

Contingent Reinforcement

A method of reinforcing behavior only after the behavior is exhibited, used in behavior modification programs.

Reinforcer

is a stimulus, which, when following a behavior, increases the likelihood of that behavior being repeated.

Desired Behavior

Specific actions or responses that are sought after or encouraged in a particular context or situation.

Kaizen

A Japanese term for 'continuous improvement', often applied in business contexts to denote ongoing, incremental improvement strategies.