Solved

The Primary Source of Shocks to Potential Output and Long-Run

Question 7

Multiple Choice

The primary source of shocks to potential output and long-run supply for real business cycle theorists is ________.


A) changes in the money supply
B) a change in the price of complements
C) a change in any of the components of aggregate demand
D) shocks to productivity

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q2: Solow residuals are estimates of _.<br>A)deadweight loss<br>B)the

Q3: Use the concept of intertemporal substitution to

Q4: Among the pioneers of real business cycle

Q5: If workers sit idly by for a

Q6: In the new Keynesian model,if an aggregate

Q8: Expectations are taken to be rational in

Q9: As the U.S.economy recovers from the recession

Q10: Prices are regarded as sticky in _.<br>A)new

Q11: During business contractions,the growth rate of Solow

Q12: How might real business cycle theorists respond