Multiple Choice
In real business cycle theory, a decrease in productivity leads to all of the following events except
A) a decrease in the demand for loanable funds.
B) a decrease in the demand for labour.
C) a fall in the real interest rate.
D) a decrease in the supply of labour.
E) a rise in the real wage rate.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Use the information below to answer the
Q2: The short- run Phillips curve shows the
Q3: Use the figure below to answer the
Q5: If there is a fully anticipated increase
Q6: If the natural unemployment rate increases, the
Q7: A forecast that is based on all
Q8: According to _, the business cycle is
Q9: For a given expected inflation rate, the
Q10: Along the short- run Phillips curve, if
Q11: Along the short- run Phillips curve, everything