EBK MACROECONOMICS
12th Edition
ISBN: 8220100663307
Author: PARKIN
Publisher: PEARSON
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Question
Chapter 12.1, Problem 2RQ
To determine
Identify the special forms of the mainstream theory of the business cycle.
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Chapter 12 Solutions
EBK MACROECONOMICS
Ch. 12.1 - Prob. 1RQCh. 12.1 - Prob. 2RQCh. 12.1 - Prob. 3RQCh. 12.1 - Prob. 4RQCh. 12.1 - Prob. 5RQCh. 12.2 - Prob. 1RQCh. 12.2 - Prob. 2RQCh. 12.2 - Prob. 3RQCh. 12.2 - Prob. 4RQCh. 12.2 - Prob. 5RQ
Ch. 12.2 - Prob. 6RQCh. 12.2 - Prob. 7RQCh. 12.3 - Prob. 1RQCh. 12.3 - Prob. 2RQCh. 12.3 - Prob. 3RQCh. 12.3 - Prob. 4RQCh. 12.3 - Prob. 5RQCh. 12.3 - Prob. 6RQCh. 12.4 - Prob. 1RQCh. 12.4 - Prob. 2RQCh. 12.4 - Prob. 3RQCh. 12.4 - Prob. 4RQCh. 12 - Prob. 1SPACh. 12 - Prob. 2SPACh. 12 - Prob. 3SPACh. 12 - Prob. 4SPACh. 12 - Prob. 5SPACh. 12 - Prob. 6SPACh. 12 - Prob. 7SPACh. 12 - Prob. 8SPACh. 12 - Prob. 9APACh. 12 - Prob. 10APACh. 12 - Prob. 11APACh. 12 - Prob. 12APACh. 12 - Prob. 13APACh. 12 - Prob. 14APACh. 12 - Prob. 15APACh. 12 - Prob. 16APACh. 12 - Prob. 17APACh. 12 - Prob. 18APACh. 12 - Prob. 19APACh. 12 - Prob. 20APACh. 12 - Prob. 21APACh. 12 - Prob. 22APACh. 12 - Prob. 23APACh. 12 - Prob. 24APA
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- what theories of business cycle is the very basis in identifying the status of the company. explain your answer.arrow_forwardPlot these data points, and identify the four phases of the business cycle. Give a theory that may explain the cause of the observed business cycle. What are some of the consequences of a prolonged decline in real GDP? Is the decline in real GDP from $1,000 billion to $500 billion a recession?arrow_forwardWhat are the main causes of a business cycle? Is there one main cause?arrow_forward
- Using business cycle explain what phase of economy isreal is currently in and what are the challenges for recovery?arrow_forward23. Based on the decennial pattern of cycles, how would the return of the Dow Jones Industrial Average (DJIA) in the year 2015 compare with the return in 2020? A. The return would be better. B. The return would be worse. C. The answer cannot be determined because the theory does not apply to both of those years. 24. According to the U.S. presidential cycle theory, the DJIA has the best performance during which year? A. The presidential election year itself. B. The first year following a presidential election. C. The third year following a presidential election. 25. What is a major problem with long-term cycle theories? A. The sample size is small. B. The data are usually hard to observe. C. They occur over such a long period that they are difficult to discern. 26. In 1938, R.N. Elliott proposed a theory that equity markets move: A. In stochastic waves. B. In cycles following Fibonacci ratios. C. In waves dependent on other securities. 27. All of the following are names of Elliott…arrow_forwardWhat is meant by the business cycle? Use the aggregate demand and supply model to explain the causes of the business cycle.arrow_forward
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