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valputin valputin
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Posts: 5754
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8 years ago
Real business cycle theorists are critical of monetarist reduced-form evidence because they believe
A) there is reverse causation from the business cycle to money.
B) there is reverse causation from money to the business cycle.
C) business cycles do not exist.
D) money is the most important cause of changes in aggregate demand.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
wrote...
8 years ago
Perfect answer, thx
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
8 years ago
Great! Happy to be right Face with Stuck-out Tongue
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