Multiple Choice
Which of the following would not be considered a real variable in determining a real business cycle?
A) A change in technology
B) A labor strike
C) An increase in the money supply
D) A change in tastes
E) A substantial weather event
Correct Answer:
Verified
Correct Answer:
Verified
Q20: Hyperinflation in developing countries is typically the
Q21: To some economists, the "great moderation" means:<br>A)small
Q22: Suppose the inflation rate has risen 0.5
Q23: Which of the following shifts the aggregate
Q24: The figure given below shows the Phillips
Q26: Identify the correct statement.<br>A)The removal of financial
Q27: Contrary to what believers in the Phillips
Q28: The shape of the long-run Phillips curve
Q29: More stable macroeconomic policy does not contribute
Q30: Suppose that a labor union negotiates an