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    Exam 17: Macroeconomics: Events and Ideas
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    Real Business Cycle Theory Suggests the Business Cycle Is Caused
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Real Business Cycle Theory Suggests the Business Cycle Is Caused

Question 257

Question 257

Multiple Choice

Real business cycle theory suggests the business cycle is caused by:


A) discretionary monetary policy.
B) fluctuations in the rate of productivity.
C) "animal spirits."
D) protectionism.

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