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    Macroeconomics Study Set 40
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    Exam 12: U.S. Inflation, Unemployment, and Business Cycle
  5. Question
    Real Business Cycle Theory Says That the Factor Leading to the Business
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Real Business Cycle Theory Says That the Factor Leading to the Business

Question 340

Question 340

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.

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