According to _______ theory, a decrease in productivity growth shifts the _______.
A) real business cycle; AD curve leftward
B) real business cycle; demand for loanable funds curve leftward
C) real business cycle; AD curve rightward
D) Keynesian cycle; SAS curve leftward
E) Keynesian cycle; SAS curve rightward
Correct Answer:
Verified
Q1: Both new Keynesian and new classical cycle
Q2: Which business cycle theory emphasizes that, because
Q3: Which of the following are business cycle
Q4: The _ cycle theory states that only
Q6: Which of the following is not a
Q7: The key ripple effect in real business
Q8: According to the real business cycle theory,
Q9: New Keynesian economists believe that _ is
Q10: The factor leading to business cycles in
Q11: _ states that the main source of
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