Which of the following would not be considered a real variable in determining a real business cycle?
A)A change in technology
B)A labor strike
C)An increase in the money supply
D)A change in tastes
E)A substantial weather event

Question

Quizplus · Accepted Answer

Changes in the money supply are not considered part of the real economy, as they are typically driven by monetary policy decisions and do not necessarily represent changes in real economic activity. The other options (A, B, D, and E) are all real variables that can affect the business cycle.

Which of the Following Would Not Be Considered a Real