Multiple Choice
Real business cycle theory emphasizes the role of
A) demand shocks as a cause of economic fluctuations.
B) technology shocks as a cause of economic fluctuations.
C) shocks to the money supply as a cause of economic fluctuations.
D) government spending as a cause of economic fluctuations.
Correct Answer:
Verified
Correct Answer:
Verified
Q66: A supply shock is an _ event
Q67: An increase in government spending will shift
Q68: Prices for fresh fruit, vegetables and other
Q69: Adjustments in _ take the economy from
Q70: If the government decreases its purchases of
Q72: If prices are sticky<br>A) economic activity will
Q73: Adverse supply shocks can cause a recession
Q74: The ratio of the total shift in
Q75: Which of the following types of workers
Q76: Recall the Application about the factors involved