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The Most Controversial Element of the Frisch-Slutsky Paradigm Concerns

Question 21

Multiple Choice

The most controversial element of the Frisch-Slutsky paradigm concerns


A) the direction in which employment moves during business cycles
B) the duration of business cycles
C) which types of events can cause business cycles
D) the manner in which exogenous shocks are translated into business cycles
E) whether the business cycle creates impulses or propagation mechanisms

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