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Home Q & A Board Other Fields Homework Help Business Economics
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vellojo vellojo
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7 years ago
Suppose that a severe shock that decreases the demand for loanable funds hits the United States. Which of the following can we expect to occur according to the real business cycle model?
A) The real wage rate will fall.
B) The real interest rate will fall.
C) People will work fewer hours.
D) All of the above are true.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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ukraniaukrania
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7 years ago
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vellojo Author
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#2
7 years ago
Everyone I encourage you to thumbs up the answer!

got it right
Studying economics @ Edinburgh U
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#3
7 years ago
Thanks Upwards Arrow
Dream it. Person Raising Both Hands in Celebration
Wish it. Person Raising Both Hands in Celebration
Do it. Person Raising Both Hands in Celebration
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