Multiple Choice
The theory that regards random fluctuations in productivity as the main source of economic fluctuations is the ________ of the business cycle.
A) real business cycle theory
B) productivity theory
C) dynamic general equilibrium theory
D) Keynesian cycle theory
Correct Answer:

Verified
Correct Answer:
Verified
Q79: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The figure above
Q80: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q81: During an unanticipated deflation, the real wage
Q82: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The figure above
Q83: The real business cycle (RBC) theory argues
Q85: Which of the following is the factor
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Q87: The short-run Phillips curve intersects the long-run
Q88: The price level falls if<br>A) aggregate demand
Q89: Along a short-run Phillips curve, suppose the