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Ao9 Ao9
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Posts: 1908
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8 years ago
In real business cycle theory, the persistence of shocks to total factor productivity is justified by
A) the behavior of Solow residuals.
B) the fact that Taylor rules have been used in post-war United States.
C) the fact that capital takes some time to build.
D) the fact that some capital depreciates every period.
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
Expert Upwards Arrow Smiling Face with Open Mouth
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8 years ago
I'm assuming I was right? Wink Face Don't forget to mark as solved.
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