The Keynesian perspective considers changes to aggregate demand to be the cause of ____________ cycle fluctuations.
a. business
b. production
c. weather
d. consumption
a. business
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Describe three types of gains from trades?
A) trades of exchange rates for goods or services, trades of goods or services for property, and trades of gold for textiles B) trades of goods or services for goods or services, trades of goods or services for assets, and trades of assets for assets C) trades of imports for exports, trades of exports for imports, and trades of natural resources for financial assets D) trades of services for goods, trades of currency for services, and trades of one type of currency for another E) trades of current goods for future services, trades of currency for gold, and trades of one type of currency for another
The Federal Reserve System was established in
a. 1980. b. 1913. c. 1864. d. 1791.
A forest is an example of a nonrenewable resource
a. True b. False Indicate whether the statement is true or false
Which of the following changes would not shift the supply curve for a good or service?
a. a change in production technology b. a change in the price of the good or service c. a change in expectations about the future price of the good or service d. a change in input prices