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    Macroeconomics Study Set 68
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    Exam 19: Current Issues in Macro Theory and Policy
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    The Real-Business-Cycle Theory
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The Real-Business-Cycle Theory

Question 84

Question 84

Multiple Choice

The real-business-cycle theory


A) is a monetarist view of the business cycle.
B) is the mainstream view of the business cycle.
C) assumes that the supply of money is constant.
D) says that macro instability results from shifts in the long-run aggregate supply curve.

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