Real-business-cycle theory focuses on factors affecting
A) aggregate demand.
B) aggregate supply.
C) the velocity of money.
D) consumer spending.

Name: Real-business-cycle theory focuses on factors affecting A) aggregate demand. B) aggregate supply. C) the velocity of money. D) consumer spending.
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Question

Quizplus · Accepted Answer

Real-business-cycle theory focuses on explaining fluctuations in economic activity through changes in aggregate supply rather than changes in aggregate demand or consumer spending.

Real-Business-Cycle Theory Focuses on Factors Affecting