The "No Markets Fail Often" camp believe Question 7Select one: A. Government is the solution to business cycles, not the problem. B. Most shocks are external to the economy. C. Business expectations are always rational. D. Interest rates are more important than expectations for business investment decisions. E. Supply shocks are the only cause of business cycles.

The "No Markets Fail Often" camp believe Question 7Select one: A. Government is the solution to business cycles, not the problem. B. Most shocks are external to the economy. C. Business expectations are always rational. D. Interest rates are more important than expectations for business investment decisions. E. Supply shocks are the only cause of business cycles.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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