Multiple Choice
Real business cycle theory says that the factor leading to the business cycle is changes in
A) the growth rate of the quantity of money.
B) only aggregate demand.
C) animal spirits.
D) productivity.
Correct Answer:

Verified
Correct Answer:
Verified
Q69: Which of the following is the factor
Q173: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q214: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5273/.jpg" alt=" -In the above
Q335: The theory that regards random fluctuations in
Q337: According to real business cycle theory, workers'
Q338: Which of the following is held constant
Q339: When workers and employers correctly anticipate an
Q341: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5270/.jpg" alt=" -An economy is
Q343: A change in the natural unemployment rate
Q344: The factor that leads to business cycles