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Author Question: An important critique of real business cycle theory is that during a recession, (Read 58 times)

a0266361136

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on: Jan 2, 2020
An important critique of real business cycle theory is that during a recession,
◦ there is overutilization of labour and the wage rate is constant.
◦ there is underutilization of labour and underutilization of the aggregate capital stock.
◦ there is underutilization of labour and the real wage decreases
◦ there is overutilization of labour and overutilization of the aggregate capital stock.
◦ there is underutilization of labour and total factor productivity increases.
Macroeconomics, Canadian Edition ¦ Williamson ¦ 4th Edition
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Marked as best answer by a0266361136 on Jan 2, 2020

verrinzo

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Reply #1 on: Jan 2, 2020
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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a0266361136

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Reply 2 on: Jan 2, 2020
Great answer, keep it coming :)

blakcmamba

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Reply 3 on: Yesterday
Wow, this really help

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