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    Exam 12: The Business Cycle, Inflation, and Deflation
  5. Question
    According to the Real Business Cycle Theory, Technological Change
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According to the Real Business Cycle Theory, Technological Change

Question 361

Question 361

Multiple Choice

According to the real business cycle theory, technological change


A) always increases productivity.
B) never increases productivity.
C) can initially decrease productivity.
D) is caused by changes in productivity.

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