Multiple Choice
According to ________ theory, a decrease in productivity growth shifts the ________.
A) real business cycle; AD curve rightward
B) Keynesian cycle; SAS curve leftward
C) real business cycle; demand for loanable funds curve leftward
D) Keynesian cycle; SAS curve rightward
E) real business cycle; AD curve leftward
Correct Answer:

Verified
Correct Answer:
Verified
Q18: Use the figure below to answer the
Q19: Demand-pull inflation can start<br>A)aggregate demand increases.<br>B)aggregate supply
Q20: Which of the following are business cycle
Q21: The Canadian long-run Phillips curve _ when
Q22: Choose the statement that is incorrect.<br>A)In a
Q24: Use the figure below to answer the
Q25: Use the figure below to answer the
Q26: According to real business cycle theory, a
Q27: Suppose the economy is in long-run equilibrium
Q28: Suppose that in response to a decrease