The existence of real business cycle theory is a call for all economists
A) to spend more time thinking about the determinants of consumption spending fluctuations.
B) to spend more time thinking about the determinants of monetary policy fluctuations.
C) to spend more time thinking about the determinants of international trade fluctuations.
D) to spend more time thinking about the determinants of investment spending fluctuations.
Correct Answer:
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Q27: According to real business cycle theorists, each
Q28: According to real business cycle theorists, each
Q29: Critics of real business cycle theory have
Q30: Real business cycle theorists tend to argue
Q31: Real business cycle theorists tend to argue
Q33: The part of modern macroeconomics that is
Q34: Since at least the 1930s, the mainstream
Q35: New Keynesian Economics suggests each of the
Q36: An example of an aggregate demand externality
Q37: In the standard view, fiscal deficits
A) stimulate
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