A real business cycle is most likely to be the result of
A) a manipulation of the business cycle shortly before national elections.
B) a breakdown of the automatic stabilizers.
C) discretionary fiscal policy.
D) shocks to the supply side of the economy.
E) expansionary monetary policy.
Correct Answer:
Verified
Q40: The observed unemployment rate would be less
Q41: Figure 16.3 Q42: The money supply increases when, other things Q43: The change in the money supply equals Q44: Which of the following does not shift Q46: Which of the following would not be Q47: Consider an economy in equilibrium and assume Q48: The oil price shocks of the 1970s Q49: Which of the following would be likely Q74: Government spending can be financed by all
A)
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