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    Macroeconomics Study Set 38
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    Exam 15: Dsge Models: the Frontier of Business Cycle Research
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    In the Real Business Cycle Models, Business Cycles Are Caused
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In the Real Business Cycle Models, Business Cycles Are Caused

Question 1

Question 1

Multiple Choice

In the real business cycle models, business cycles are caused by:


A) nominal productivity shocks.
B) real monetary shocks.
C) real productivity shocks.
D) real price effects.
E) changes to real interest rates.

Correct Answer:

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