Which of the Following Are Business Cycle Theories That Regard

question 121

Multiple Choice

Which of the following are business cycle theories that regard fluctuations in aggregate demand as the factor that is 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

---

Definitions:

State Licensing

The process or requirement by which an individual or business must obtain permission from a governmental entity to carry out certain activities.

Digital Invoices

Electronic versions of invoices that are created, sent, and received through digital means, promoting efficiency and reducing the use of paper.

Association of Financial Professionals

A professional organization dedicated to advancing the finance profession by providing members with networking opportunities, resources, and training.

Cloud-Based Companies

Businesses that offer services hosted over the internet, eliminating the need for local storage or computing resources.