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    Exam 26: Transmission Mechanisms of Monetary Policy
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    Real Business Cycle Theory States That the Most Important Cause
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Real Business Cycle Theory States That the Most Important Cause

Question 16

Question 16

Multiple Choice

Real business cycle theory states that the most important cause of business cycles is ________.


A) shocks to the money supply
B) interest rate shocks
C) Bank of Canada policy decisions
D) shocks to tastes and technology

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