Real business cycles are mostly a result of

Name: Real business cycles are mostly a result of
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Real business cycles are caused by shocks to the aggregate supply side of the economy, such as changes in technology, natural disasters, or shifts in commodity prices. Discretionary fiscal policy, abrupt changes in monetary policy, increases in the budget deficit, and national debt may have some impact on the economy, but they are not the primary causes of real business cycles.

Real Business Cycles Are Mostly a Result of