Which theory views fluctuations in productivity as the main source of business cycle fluctuations?
A) Keynesian cycle theory
B) Monetarist cycle theory
C) Real business cycle theory
D) New classical cycle theory
Correct Answer:
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Q74: New Keynesian economists believe that _ is
Q75: Q76: Which of the following can start an Q77: If the unemployment rate initially equals its Q78: Which theory of the business cycle maintains Q80: The business cycle impulse in the new Q81: Suppose that managers forecast a large decline Q82: Stagflation is the result of
A)a decrease in
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