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barxatty [35]
2 years ago
9

Describe carefully the main difference between the Keynesian approach and the real business cycle theory in terms of explaining

the sources of business cycles.
Business
1 answer:
yulyashka [42]2 years ago
5 0

Answer: For the real business cycle, technical fluctuation that triggers changes in outputs and employment, while for the Keynesian, income and output depend largely on the volume of employment.

Explanation:

The real business cycle theory assumes that when the market undergoes variation in it's ability to turn inputs into product, there is a technical fluctuation that triggers changes in outputs and employment

While the Keynesian, it's sees business cycles as periodic fluctuations of employment, income and their output. This income and output depend largely on the volume of employment.

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3 years ago
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Kurt, who is a divisional manager, continually brags that his division’s required return for its projects is 1 percent lower tha
Viefleur [7K]

Answer:

D. Kurt’s division is less risky than the other divisions.

Explanation:

Based on the information provided within the question it can be said that the most likely reason is that Kurt’s division is less risky than the other divisions. Just as the saying goes "the greater the risk, the greater the reward", the same goes for the opposite, the lower the risk that a division has to undertake the lower the percent for the required return.

3 0
3 years ago
Company ABC makes kitchen appliances that have many features in great demand by professional chefs whose only interest is in the
weeeeeb [17]

Answer:

d. quality.

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-Delivery area refers to the places in which the appliances can be delivered.

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According to this, the answer is that based on its customers, ABC should try to dominate the market in quality because its products meet the expectations of professional chefs and that should be market to focus on as the company can have an important advantage by providing exactly what they need.

The other options are not right because professional chefs are interested on what they can do with this appliances and not on price, quantity or delievery area.

6 0
3 years ago
The theory of ______ states that the prices of tradable goods, when expressed in a common currency, will tend to equalize across
IgorLugansk [536]
The answer is; Purchasing Power Parity.

<em>Hope this helped! :)</em>
3 0
3 years ago
Eric wants to attend a public four-year university. He estimates that the average cost of one year at this university is $19,500
pishuonlain [190]
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3 years ago
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