According to which theory of the business cycle do changes in the quantity of money never play a role in helping to explaining fluctuations in real variables?
A)Monetarist
B)Keynesian
C)Real business cycle
D)New Keynesian

Question

Quizplus · Accepted Answer

The Real Business Cycle (RBC) theory posits that real economic variables, such as technology and productivity changes, are the primary drivers of business cycles, and it typically downplays the role of monetary factors.

According to Which Theory of the Business Cycle Do Changes