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    Macroeconomics
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    Exam 12: The Business Cycle, Inflation, and Deflation
  5. Question
    According to the Real Business Cycle (RBC)theory, Recessions Are the Result
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According to the Real Business Cycle (RBC)theory, Recessions Are the Result

Question 401

Question 401

Multiple Choice

According to the real business cycle (RBC) theory, recessions are the result of


A) a fall in growth rate of productivity.
B) an increase in growth rate of the quantity of money.
C) an increase in investment.
D) a decrease in growth rate of the quantity of money.

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