Author Question: Which of the following would not be considered a real variable in determining a real business cycle? ... (Read 64 times)

Mr. Wonderful · **on:** Jun 30, 2018

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 2

To determine whether or not a pair of goods are complements, economists are interested in the cross price elasticity of demand between the two goods.
a. True
b. False
Indicate whether the statement is true or false