Multiple Choice
According to real business cycle theorists,an increase in total factor productivity could lead to an increase in the nominal money supply due to
A) the cyclical behavior of tax collections and attempts by the Federal Reserve to stabilize real output.
B) the Federal Reserve's attempts to stabilize real output and the price level.
C) the Federal Reserve's attempts to stabilize the price level and banking sector expansion of deposit money.
D) banking sector expansion of deposit money and the cyclical behavior of tax collections.
Correct Answer:

Verified
Correct Answer:
Verified
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