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Academic 5 of Macroeconomics Spring20 fall20 One model of the business cycle claims that volatile business confidence is the primary factor in starting a business

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Academic 5 of Macroeconomics Spring20 fall20 One model of the business cycle claims that volatile business confidence is the primary factor in starting a business cycle. This model is the Select one: O a. real business cycle model. O b. Keynesian Model or Theory O c. new classical theory. O d. aggregate supply model. Next page e to search a o % 2 of Macroeconomics Spring 20 fall20 The period between a business cycle peak and the next business cycle trough is called Select one: O a. recession. O b. recalculation. O c. expansion. O d. diffusion. Next page to search a hip ta ts. 5 8 of Macroeconomics Spring 20 fall20 Fiat money has Select one: O a. a great intrinsic value that is independent of its use as money. O b. little to no intrinsic value but is backed by the quantity of gold held by the central bank. O c. value, because it can be redeemed for gold by the central bank. O d. little to no intrinsic value and is authorized by the central bank or governmental body. Finish attempt o search O BI E ) f5 10

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