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Home Q & A Board Other Fields Homework Help Business Economics
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smitch6 smitch6
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6 years ago
One potential weakness of the coordination failure model as an explanation of business cycles is that
A) government policy is unpredictable.
B) consumer behaviour is rational and predictable.
C) that underlying shocks that cause business cycles are expectations that are essentially unobservable.
D) money supply shocks are predictable.
E) there are fluctuations between "good" and "bad" equilibria.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
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karmarkarmar
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6 years ago
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smitch6 Author
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6 years ago
Thanks
alpheratz
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Yesterday
Thanks for your help!!
TheMoffattMan
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2 hours ago
this is exactly what I needed
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