This topic contains a solution. Click here to go to the answer

Author Question: The real business cycle theory and the new classical theory agree that a. business cycles are ... (Read 147 times)

geoffrey

  • Hero Member
  • *****
  • Posts: 880
The real business cycle theory and the new classical theory agree that
 
  a. business cycles are driven by changes in aggregate demand.
  b. expectations are formed rationally.
  c. imperfect information plays a big role in business cycles.
  d. none of the above.

Question 2

Residential construction did not return to its 1926 high levels until 1949.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jaygar71

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

B

Answer to Question 2

True




geoffrey

  • Member
  • Posts: 880
Reply 2 on: Jun 30, 2018
Wow, this really help


Chelseyj.hasty

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Excellent

 

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

For a complete list of videos, visit our video library