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    Exam 12: The Business Cycle, Inflation, and Deflation
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    According to Real Business Cycle Theory, Workers' Decisions to Work
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According to Real Business Cycle Theory, Workers' Decisions to Work

Question 109

Question 109

Multiple Choice

According to real business cycle theory, workers' decisions to work now versus later depend on


A) the real wage rate today but not the real wage rate in the future.
B) the money wage rate.
C) the real interest rate.
D) labor productivity.

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