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Ao9 Ao9
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Posts: 1908
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8 years ago
According to real business cycle theorists, an increase in total factor productivity could lead to an increase in the nominal money supply due to
A) banking sector expansion of deposit money and the cyclical behavior of tax collections.
B) the Federal Reserve's attempts to stabilize the price level and banking sector expansion of deposit money.
C) the Federal Reserve's attempts to stabilize real output and the price level.
D) the cyclical behavior of tax collections and attempts by the Federal Reserve to stabilize real output.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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Posts: 1906
8 years ago
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Ao9 Author
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8 years ago
Wow!!
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8 years ago
Glad to help...
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