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Home Q & A Board Other Fields Homework Help Business Economics
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vellojo vellojo
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7 years ago
According to the new Keynesian cycle theory of the business cycle, which of the following can trigger a business cycle expansion?
I.   an unexpected increase in the quantity of money
II.   an expected increase in the quantity of money
III.   an expected increase in government expenditures
A) I only
B) I, II and III
C) II and III
D) None of the three will trigger an expansion.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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amishamish
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7 years ago
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vellojo Author
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#2
7 years ago
Everyone I encourage you to thumbs up the answer!

got it right
Studying economics @ Edinburgh U
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