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    Macroeconomics Study Set 40
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    Exam 12: U.S. Inflation, Unemployment, and Business Cycle
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    According to the Real Business Cycle Theory, Technological Change
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According to the Real Business Cycle Theory, Technological Change

Question 308

Question 308

Multiple Choice

According to the real business cycle theory, technological change


A) is increasing in recent years at an increasing rate.
B) happens at an uneven pace.
C) occurs at a constant rate.
D) happens only occasionally.

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