Business cycle events that arise solely from aggregate demand shifts are emphasized by the
A. Keynesian and real business cycle theories.
B. monetarist and real business cycle theories.
C. Keynesian and monetarist cycle theories.
D. none of the major theories
Answer:C
Business cycle events that arise solely from aggregate demand shifts are emphasized by the
A. Keynesian and real business cycle theories. B. monetarist and real business cycle theories. C. Keynesian and monetarist cycle theories. D. none of the major theories