In a real business cycle model, labour supply
A)is independent of the real interest rate.
B)decreases if the real interest rate falls.
C)decreases if the real interest rate rises.
D)increases if the nominal interest rate rises.

Question

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The Answer of In a real business cycle model, labour supply
A)is independent of the real interest rate.
B)decreases if the real interest rate falls.
C)decreases if the real interest rate rises.
D)increases if the nominal interest rate rises.

In a Real Business Cycle Model, Labour Supply