The factor leading to business cycles in the real business cycle theory is changes in the growth rate of
A) productivity.
B) the money wage rate.
C) the quantity of money.
D) the labour supply.
Correct Answer:
Verified
Q143: Which of the following leads to a
Q144: The short- run Phillips curve and the
Q145: A rational expectation is
A)an incorrect forecast.
B)necessarily correct
Q146: At the start of a cost- push
Q149: Fluctuation in business confidence is the factor
Q151: If people correctly anticipate an increase in
Q152: Which of the following leads to a
Q153: Suppose aggregate demand increases by less than
Q164: The long-run Phillips curve is _.
A) vertical
Q228: The states that the main source of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents