Both new Keynesian and new classical cycle theories claim that ________.
A. animal spirits can trigger a business cycle
B. shifts in the SAS curve are the main impulse for a business cycle
C. unexpected changes in aggregate demand trigger a business cycle
D. expected changes in the quantity of money can trigger a business cycle
Answer:C
Both new Keynesian and new classical cycle theories claim that ________.
A. animal spirits can trigger a business cycle B. shifts in the SAS curve are the main impulse for a business cycle C. unexpected changes in aggregate demand trigger a business cycle D. expected changes in the quantity of money can trigger a business cycle