Proponents of real business cycle theories argue that economic fluctuations are a response to changes in
A) money velocity.
B) the money supply.
C) potential GDP.
D) real GDP.
E) aggregate demand.
Correct Answer:
Verified
Q18: Over the period from 1982 to 2007,
Q19: Economic fluctuations have been common only since
Q20: The study of economic fluctuations is
A)more important
Q21: In normal times, when the economy is
Q22: Is it possible for economic fluctuations to
Q24: The actual unemployment rate will fall below
Q25: Explain the connection between fluctuations in the
Q26: Real business cycle theories focus on changes
Q27: Potential GDP growth is relatively smoother than
Q28: President Obama's State of the Union address
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