Multiple Choice
Real business cycle theory explains fluctuations in output through:
A) Changes in aggregate demand
B) Changes in productivity
C) Shifts of the short-run aggregate supply curve
D) Changes in monetary policy
Correct Answer:

Verified
Correct Answer:
Verified
Q5: Why could it be effectively argued that
Q31: More than once in our history government
Q40: What is opportunistic disinflation and what provides
Q90: An increase in the price of oil
Q91: Why can monetary policymakers neutralize demand shocks
Q92: What tool is available to monetary policymakers
Q96: Monetary policymakers face a tradeoff between:<br>A)The level
Q97: An increase in aggregate demand will have
Q98: If monetary policymakers are more concerned about
Q100: When faced with negative supply shocks, policymakers:<br>A)Will