Which Statement Is True

question 295

Multiple Choice

Which statement is true?

• A)The psychological theory of business cycles is an exogenous theory.
• B)All business cycle theories are exogenous.
• C)The war theory is an endogenous business cycle theory.
• D)The monetary theory is an endogenous business cycle theory.

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Definitions:

Sustainable Competitive Advantage

A unique advantage that allows a company to outperform its competitors over a long period.

Heterogeneous

Consisting of elements or parts that are different from each other; diverse in character or content.

Procedural Fairness

Refers to the customer’s perception of the fairness of the process used to resolve complaints about service.

Zone of Tolerance

The zone of tolerance refers to the range within which customers are willing to accept variations in product or service delivery quality, influencing satisfaction and loyalty.