Which of the Following Is NOT an Aggregate Demand, Mainstream

question 124

Multiple Choice

Which of the following is NOT an aggregate demand, mainstream theory of the business cycle?

• A) Keynesian cycle theory
• B) monetarist cycle theory
• C) new Keynesian cycle theory
• D) real business cycle theory

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Definitions:

Monthly Payment

A fixed amount of money paid every month, typically as part of a loan or mortgage repayment schedule.

Compounded Quarterly

This refers to the method where interest on a financial product is calculated and added to the principal sum every three months.

Compounded Monthly

Interest calculated on the initial principal and also on the accumulated interest from previous periods on a monthly basis.

RRSP

Registered Retirement Savings Plan, a savings account, registered with the Canadian government, that defers income taxes on retirement savings until withdrawal.