Which of the following models view changes in real supply-side factors as determinants of short-run fluctuations in output and employment?

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Real business cycle models view changes in real supply-side factors, such as changes in technology and productivity, as determinants of short-run fluctuations in output and employment. This is in contrast to Keynesian models, which emphasize the role of aggregate demand and government policies in stabilizing the economy. New classical models focus on the rational expectations and market-clearing assumptions of the economy, while political business cycle models suggest that politicians manipulate the economy to win votes.

Which of the Following Models View Changes in Real Supply-Side