Which of the Following Is Not an Aggregate-Demand-Side Explanation of Business

question 80

Multiple Choice

Which of the following is not an aggregate-demand-side explanation of business cycles?

• A) The real-business-cycle theory.
• B) The idea of coordination failures.
• C) Mainstream macroeconomics.
• D) Monetarism.

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Definitions:

Scapegoat Theory

The theory that prejudice offers an outlet for anger by providing someone to blame.

Ingroup Bias

The tendency to favor one's own group over other groups, leading to preferential treatment and positive feelings towards in-group members.

Frustration

A feeling of upset or annoyance resulting from being unable to achieve one’s goals or satisfy one’s needs.

Computer-Generated Faces

Digital or virtual faces created using computer graphics technology, often used in gaming, animation, and simulations.