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    Business
  3. Study Set
    Economics-Macroeconomics
  4. Exam
    Exam 12: The Business Cycle, Inflation, and Deflation
  5. Question
    How Do Defenders of the Real Business Cycle Theory, (RBC
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How Do Defenders of the Real Business Cycle Theory, (RBC

Question 123

Question 123

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How do defenders of the real business cycle theory, (RBC theory) respond to critics of the theory?

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The defenders of the real business cycle...

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