Most economists agree that the immediate cause of most cyclical changes in real output and employment is

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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

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Macroeconomics

ISBN: 9781264112456

22nd Edition

Authors: Campbell McConnell, Stanley Brue, Sean Flynn

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