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Home Q & A Board Other Fields Homework Help Business Economics
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Ao9 Ao9
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8 years ago
In the real business cycle model, a persistent increase in total factor productivity
A) unambiguously increases the real interest rate.
B) unambiguously decreases the real interest rate.
C) has no effect on the real interest rate.
D) has a theoretically ambiguous effect on the real interest rate.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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8 years ago
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Ao9 Author
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