Country Z Is Passing Through a Recession

question 50

Multiple Choice

Country Z is passing through a recession.Which group of economists is likely to believe that a shift of the aggregate demand curve has caused the recession?

• A)Keynesians
• B)Monetarists
• C)Real Business Cycle theorists
• D)Neoclassicists

---

Definitions:

First Grade

The initial grade of primary education in systems that follow a certain sequence, typically involving students aged six to seven years.

Standards

Established criteria or benchmarks that serve as a reference point for quality, performance, or behavior.

Physical Environment

The external surroundings and conditions in which individuals live or operate, including natural and built settings.

Assessment

The process of evaluating or measuring knowledge, skills, attitudes, or abilities.