Most economists agree that the immediate cause of most cyclical changes in real output and employment is
Question:
Most economists agree that the immediate cause of most cyclical changes in real output and employment is an unexpected change in ___________________.
a. the level of total spending
b. the value of the stock market
c. the value of the trade deficit
d. the unemployment rate
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Macroeconomics
ISBN: 9781264112456
22nd Edition
Authors: Campbell McConnell, Stanley Brue, Sean Flynn
Question Posted: