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    Macroeconomics Study Set 17
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    Exam 17: Inflation, Unemployment, and Federal Reserve Policy
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    Models That Focus on Factors Such as Technology Shocks Rather
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Models That Focus on Factors Such as Technology Shocks Rather

Question 19

Question 19

Multiple Choice

Models that focus on factors such as technology shocks rather than "monetary" explanations of fluctuations in real GDP are called


A) nonmonetary business cycle models.
B) real business cycle models.
C) rational expectations models.
D) short-run macroeconomic models.

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