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Business cycles appear due to present fluctuations in prices affecting the output and employment in future is a) Cobweb theory by Nicholas Kaldor b) Ordinal theory by Allen & Hicks c) Cobweb theory by J.M. Keyens d) None of the abov?
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Business cycles appear due to present fluctuations in prices affecting...
There is no clear answer to this question as both options provided do not accurately describe the relationship between business cycles and fluctuations in prices affecting output and employment. The cobweb theory, developed by Nicholas Kaldor, explains the cyclical relationship between supply and demand in certain markets, but does not directly address the impact of price fluctuations on output and employment. The ordinal theory, developed by Kenneth Arrow, focuses on the subjective ranking of preferences and does not address business cycles or fluctuations in prices.
A more appropriate answer may be that business cycles are a natural occurrence in market economies, resulting from a variety of factors including changes in consumer and investor sentiment, technological advancements, and government policies. Fluctuations in prices can certainly impact output and employment, but they are only one of many factors that contribute to the cyclical nature of market economies.
A more appropriate answer may be that business cycles are a natural occurrence in market economies, resulting from a variety of factors including changes in consumer and investor sentiment, technological advancements, and government policies. Fluctuations in prices can certainly impact output and employment, but they are only one of many factors that contribute to the cyclical nature of market economies.
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Business cycles appear due to present fluctuations in prices affecting the output and employment in future is a) Cobweb theory by Nicholas Kaldor b) Ordinal theory by Allen & Hicks c) Cobweb theory by J.M. Keyens d) None of the abov?
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Business cycles appear due to present fluctuations in prices affecting the output and employment in future is a) Cobweb theory by Nicholas Kaldor b) Ordinal theory by Allen & Hicks c) Cobweb theory by J.M. Keyens d) None of the abov? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Business cycles appear due to present fluctuations in prices affecting the output and employment in future is a) Cobweb theory by Nicholas Kaldor b) Ordinal theory by Allen & Hicks c) Cobweb theory by J.M. Keyens d) None of the abov? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Business cycles appear due to present fluctuations in prices affecting the output and employment in future is a) Cobweb theory by Nicholas Kaldor b) Ordinal theory by Allen & Hicks c) Cobweb theory by J.M. Keyens d) None of the abov?.
Business cycles appear due to present fluctuations in prices affecting the output and employment in future is a) Cobweb theory by Nicholas Kaldor b) Ordinal theory by Allen & Hicks c) Cobweb theory by J.M. Keyens d) None of the abov? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Business cycles appear due to present fluctuations in prices affecting the output and employment in future is a) Cobweb theory by Nicholas Kaldor b) Ordinal theory by Allen & Hicks c) Cobweb theory by J.M. Keyens d) None of the abov? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Business cycles appear due to present fluctuations in prices affecting the output and employment in future is a) Cobweb theory by Nicholas Kaldor b) Ordinal theory by Allen & Hicks c) Cobweb theory by J.M. Keyens d) None of the abov?.
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