Which theory of the business cycle maintains that the money wage rate always adjusts freely?
A)Keynesian cycle theory
B)Real business cycle theory
C)Monetarist cycle theory
D)Both the new classical cycle theory and the new Keynesian cycle theory

Question

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The Answer of Which theory of the business cycle maintains that the money wage rate always adjusts freely?
A)Keynesian cycle theory
B)Real business cycle theory
C)Monetarist cycle theory
D)Both the new classical cycle theory and the new Keynesian cycle theory

Which Theory of the Business Cycle Maintains That the Money