Researchers who support the RBC model found out that an RBC model could account for as much as _____of the fluctuations in output growth.?
A)?70 percent
B)?60 percent
C)?50 percent
D)?75 percent

Question

Quizplus · Accepted Answer

Researchers who support the Real Business Cycle (RBC) model have found that it could account for as much as 70 percent of the fluctuations in output growth. This highlights the model's ability to explain a significant portion of economic variability through productivity shocks and other real factors, without relying on monetary or demand-side explanations.

Researchers Who Support the RBC Model Found Out That an RBC