Which of the Following Explanations of the Business Cycle Focuses

question 65

Multiple Choice

Which of the following explanations of the business cycle focuses on both aggregate supply and aggregate demand shifts?

• A) Monetarist explanations
• B) Keynesian explanations
• C) Supply-side explanations
• D) Eclectic explanations

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Definitions:

High in Power

Describing individuals or entities that possess a significant amount of control, influence, or authority over others.

Laugh

The act of expressing amusement, happiness, or joy through vocal sounds, often a spontaneous and contagious response.

People Low in Power

Individuals or groups who have minimal influence, authority, or control within a social hierarchy.

Toxic Leader

A leader who is harmful to an organization or its people, displaying behaviors that negatively impact morale, performance, and the organization's culture.