In real business cycle models, business cycles are caused by ...

[jrubin]

In real business cycle models, business cycles are caused by ______, while in new Keynesian model, business cycles are caused by ________.
 
  a. aggregate demand; aggregate demand
  b. aggregate demand; aggregate supply.
  c. aggregate supply; aggregate demand.
  d. fiscal policy; monetary policy

Question 2

Unlike World War I (191418), the war debt of World War II (194145) was manageable and did not contribute to inflation.
 
  Indicate whether the statement is true or false

[Andromeda18]

Answer to Question 1

C

Answer to Question 2

False

[jrubin]

TYSM

[dawsa925]

Thanks for the timely response, appreciate it