The "Yes - Markets Self-Adjust" Camp Argues That

question 231

Multiple Choice

The "Yes - Markets Self-Adjust" camp argues that

• A) expectations are more important than interest rates for business investment decisions.
• B) most shocks are internal to the economy.
• C) supply shocks are more important than demand shocks for explaining business cycles.
• D) business expectations are quickly changeable.
• E) government is the solution to business cycles, not the problem.

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Definitions:

Unethical Behaviors

Actions that do not conform to acceptable standards of morality or the ethical codes of a particular profession.

Executive Pay

Compensation provided to top-tier management and executives of a company, which may include salary, bonuses, stocks, and other benefits.

Pension Benefit Guarantee Corporation

A federal agency that protects the retirement incomes of American workers in private-sector defined benefit pension plans.

T-statistic

A value derived from the t-test, used to determine if there is a significant difference between the means of two groups being compared.