Allowing small shocks to financial system and economy in order to build resilience in institutions to large economic shocks can best be described as: The Climatic Business Cycle Theory The Keynesian Business Cycle Theory The Natural Business Cycle Theory None of the Above

Allowing small shocks to financial system and economy in order to build resilience in institutions to large economic shocks can best be described as: The Climatic Business Cycle Theory The Keynesian Business Cycle Theory The Natural Business Cycle Theory None of the Above

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter14: Macroeconomic Policy: Tradeoffs, Expectations, Credibility, And Sources Of Business Cycles

Section: Chapter Questions

Problem 4E

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Allowing small shocks to financial system and economy in order to build resilience in
institutions to large economic shocks can best be described as:
2
The Climatic Business Cycle Theory
The Keynesian Business Cycle Theory
The Natural Business Cycle Theory
None of the Above

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