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  3. Study Set
    Macroeconomics Understanding the Global Economy
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    Exam 11: Business Cycles
  5. Question
    Which of the Following Plays a Central Role in Real
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Which of the Following Plays a Central Role in Real

Question 27

Question 27

Multiple Choice

Which of the following plays a central role in Real Business Cycle theory?


A) monopoly pricing
B) the marginal product of labor
C) the marginal propensity to consume
D) expectations
E) monetary policy

Correct Answer:

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