Real business cycle theory emphasizes the role of
A) demand shocks as a cause of economic fluctuations.
B) technology shocks as a cause of economic fluctuations.
C) shocks to the money supply as a cause of economic fluctuations.
D) government spending as a cause of economic fluctuations.
Correct Answer:
Verified
Q1: If prices are sticky
A) economic activity will
Q2: Which of the following is a problem
Q4: In modern economies
A) all prices are very
Q5: Which of the following is a problem
Q6: The mechanism that normally coordinates what goes
Q7: The economy's ability to coordinate economic activity
Q8: Which of the following types of workers
Q9: Suppose the demand for hot dogs decreases.
Q10: Prices that adjust slowly are
A) custom prices.
B)
Q11: Stickiness of wages
A) is unrelated to stickiness
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