Which of the following are business cycle theories that regard fluctuations in aggregate demand as the factor that is creating business cycles? I. Keynesian cycle theory II. real business cycle theory III. monetarist cycle theory
Which of the following are business cycle theories that regard fluctuations in aggregate demand as the factor that is creating business cycles? I. Keynesian cycle theory II. real business cycle theory III. monetarist cycle theory
Chapter14: Macroeconomic Policy: Tradeoffs, Expectations, Credibility, And Sources Of Business Cycles
Section: Chapter Questions
Problem 9E
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![Which of the following are business cycle
theories that regard fluctuations in aggregate
demand as the factor that is creating business
cycles?
I. Keynesian cycle theory
II. real business cycle theory
III. monetarist cycle theory](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff5471828-04ae-4333-9ea4-94c9f2e0973a%2Fcedfac46-1c2d-43e5-b2fa-25d851536c17%2F6cc7p07.jpeg&w=3840&q=75)
Transcribed Image Text:Which of the following are business cycle
theories that regard fluctuations in aggregate
demand as the factor that is creating business
cycles?
I. Keynesian cycle theory
II. real business cycle theory
III. monetarist cycle theory
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