Which of the following statements is true about

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19.Which of the following statements is true about causes of business cycle fluctuations?A.Economists all agree that supply shocks are the cause of most business cyclefluctuations.B.Economists all agree that productivity shocks are the cause of most businesscycle changes.C.Economists all agree that monetary changes are primarily responsible for business cyclefluctuations.D.There are a wide range of theories as to the underlying causes of business cyclemovements.
AACSB: AnalyticAccessibility: Keyboard NavigationBlooms: RememberDifficulty: 1 EasyLearning Objective: 09-01 Describe the business cycle and its primary phases.Topic: The business cycle20.Which of the following isnotseen by economists as an underlying cause of business cyclefluctuations?
AACSB: AnalyticAccessibility: Keyboard NavigationBlooms: RememberDifficulty: 1 EasyLearning Objective: 09-01 Describe the business cycle and its primary phases.Topic: The business cycle21.Answer the question on the basis of the following information about the hypothetical economy ofScoob. All figures are in millions.Refer to the given information. The labor force in Scoob is:
AACSB: AnalyticBlooms: ApplyDifficulty: 2 MediumLearning Objective: 09-02 Illustrate how unemployment is measured and explain the different types of unemployment.Topic: Unemployment
Type: Table22.Answer the question on the basis of the following information about the hypothetical economy ofScoob. All figures are in millions.Refer to the given information. The unemployment rate in Scoob is:
AACSB: AnalyticBlooms: ApplyDifficulty: 2 MediumLearning Objective: 09-02 Illustrate how unemployment is measured and explain the different types of unemployment.Topic: UnemploymentType: Table23.Answer the question on the basis of the following information about the hypothetical economy ofScoob. All figures are in millions.Refer to the given information. If the natural rate of unemployment in Scoob is 5 percent, then:A.structural unemployment is about 3percent.B.frictional unemployment is about 2percent.C.cyclical unemployment is about 2percent.D.hidden unemployment is about 5percent.
AACSB: AnalyticBlooms: ApplyDifficulty: 2 MediumLearning Objective: 09-02 Illustrate how unemployment is measured and explain the different types of unemployment.Topic: UnemploymentType: Table

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Term
Fall
Professor
Dr.Klum

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