Multiple Choice
Which of the following is the factor the creates business cycles in the real business cycle theory?
A) a change by the Fed in the growth rate of the quantity of money
B) an unexpected change in aggregate demand
C) a change in expectations about future sales and profits
D) a change in the growth rate of productivity
Correct Answer:

Verified
Correct Answer:
Verified
Q48: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6802/.jpg" alt=" -The figure above
Q49: Which of the following could lead to
Q50: Demand pull inflation can be started by<br>A)
Q51: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6802/.jpg" alt=" -In the above
Q52: In the short run, an unexpected increase
Q54: A larger than expected increase in aggregate
Q55: Cost-push inflation can be started by<br>A) an
Q56: The short-run Phillips curve shows the tradeoff
Q57: Suppose the expected inflation rate is 12
Q58: The short-run Phillips curve and the long-run