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What was a major criticism of the pure monetary theory of business cycles?a)It ignores the role of interest rates in investment decisions.b)It fails to consider the impact of changes in money supply.c)It oversimplifies the relationship between money flow and economic changes.d)It disregards the influence of government policies on monetary factors.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What was a major criticism of the pure monetary theory of business cycles?a)It ignores the role of interest rates in investment decisions.b)It fails to consider the impact of changes in money supply.c)It oversimplifies the relationship between money flow and economic changes.d)It disregards the influence of government policies on monetary factors.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What was a major criticism of the pure monetary theory of business cycles?a)It ignores the role of interest rates in investment decisions.b)It fails to consider the impact of changes in money supply.c)It oversimplifies the relationship between money flow and economic changes.d)It disregards the influence of government policies on monetary factors.Correct answer is option 'C'. Can you explain this answer?.

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