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Real Business Cycle Theorists Tend to Argue That

Question 30

Multiple Choice

Real business cycle theorists tend to argue that


A) monetary policy has a large impact on production and employment.
B) fluctuations in the money stock and interest rates are much more reactions to changes already taking . place in output and employment.
C) fiscal policy has a large impact on production and employment.
D) changes in consumption spending is the key to fluctuations in production and employment.

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