A real business cycle is associated with _____.
A) a shift of the short-run aggregate supply curve
B) a change in aggregate demand
C) a shift of the long-run aggregate supply curve
D) a change in real income

Question

Quizplus · Accepted Answer

Real business cycles are associated with shifts in the long-run aggregate supply curve, reflecting changes in the productive capacity of the economy.

A Real Business Cycle Is Associated with _____