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Author Question: According to the real business cycle theory, ________ decrease the marginal product of labor, which ... (Read 39 times)

corkyiscool3328

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on: Apr 19, 2019

Question 1

Real business cycle theory is an attempt to explain business cycle fluctuations under the assumptions of


◦ government intervention and trade regulation.
◦ wage and price controls.
◦ closed economies and fiscal spending.
◦ market clearing and rational expectations.

Question 2

According to the real business cycle theory, ________ decrease the marginal product of labor, which causes real wages and output to decrease.


◦ negative technology shocks
◦ positive technology shocks
◦ increases in the money supply
◦ decreases in the money supply
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by corkyiscool3328 on Apr 19, 2019

milbourne11

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Reply #1 on: Apr 19, 2019
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.
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corkyiscool3328

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Reply #2 on: Apr 19, 2019
Thanks


milbourne11

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Reply #3 on: Apr 19, 2019
Welcome :)


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