This topic contains a solution. Click here to go to the answer

Author Question: According to the real business cycle theory, technological advances (Read 38 times)

Starlight

  • Hero Member
  • *****
  • Posts: 567

Question 1

According to the real business cycle theory, ________ are responsible for economic growth.


◦ expansionary fiscal and monetary policies
◦ positive shifts in the 
AD curve
◦ trade and income policies
◦ positive shifts in the 
AS curve

Question 2

According to the real business cycle theory, technological advances


◦ increase the marginal product of labor, which causes real wages and output to decline.
◦ decrease the marginal product of labor, which causes real wages and output to increase.
◦ increase the marginal product of labor, which causes real wages to increase and output to decline.
◦ increase the marginal product of labor, which causes real wages and output to increase.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Starlight on Apr 19, 2019

AngeliqueG

  • Sr. Member
  • ****
  • Posts: 343
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly



Starlight

  • Hero Member
  • *****
  • Posts: 567

AngeliqueG

  • Sr. Member
  • ****
  • Posts: 343

 

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

For a complete list of videos, visit our video library