According to the Austrian theory of the business cycle, the following is false A. A cluster of sudden errors by previously successful entrepreneurs is revealed by the recession B. Overall prices...


According to the Austrian theory of the business cycle, the following is false


A. A cluster of sudden errors by previously successful entrepreneurs is revealed by the recession


B. Overall prices always fall during a recession


C. An inflationary boom is inevitably followed by a recession


D. The prices of consumer goods rise relative to the prices of capital goods during the recession



Jun 07, 2022
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