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gerti gerti
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5 years ago
With which of the following statements would a "real business cycle" theorist most closely agree?
A) "Monetary policies have greatest impact on real GDP when they are anticipated."
B) "Expansionary monetary policy allows the central bank to control inflation and unemployment simultaneously."
C) "Wages adjust slowly to changes in inflation as long as expectations are formed rationally."
D) "Technological shocks to the economy explain deviations of real GDP from its potAnswer: evel."
Textbook 
InMacro

InMacro


Edition: 1st
Authors:
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mtv123mtv123
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5 years ago
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gerti Author
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5 years ago
Thanks
DaiwalkerX
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Yesterday
Good timing, thanks!
spaghetti
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2 hours ago
this is exactly what I needed
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