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    Macroeconomics Study Set 10
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    Exam 10: Classical Business Cycle Analysis
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    The Theory That Real Shocks to the Economy Are the Primary
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The Theory That Real Shocks to the Economy Are the Primary

Question 49

Question 49

Multiple Choice

The theory that real shocks to the economy are the primary cause of business cycles is


A) monetarism.
B) Keynesian theory.
C) real business cycle theory.
D) Hamiltonian theory.

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