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    Economics-Macroeconomics
  4. Exam
    Exam 12: The Business Cycle, Inflation, and Deflation
  5. Question
    Real Business Cycle Theory Explains the Business Cycle as the Result
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Real Business Cycle Theory Explains the Business Cycle as the Result

Question 190

Question 190

Multiple Choice

Real business cycle theory explains the business cycle as the result of


A) excess growth of the quantity of money.
B) unstable investment demand.
C) shocks to consumer spending habits.
D) fluctuations in productivity.

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