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vellojo vellojo
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7 years ago
Which of the following pieces of evidence is most consistent with the real business cycle theory?
A) Productivity and GDP move closely together.
B) Labor supply decisions do not seem to depend on real interest rates.
C) Real GDP and the quantity of money move closely together.
D) Money wage rates take some time to adjust to price changes.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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yaderayadera
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7 years ago
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vellojo Author
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7 years ago
Everyone I encourage you to thumbs up the answer!

got it right
Studying economics @ Edinburgh U
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