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vellojo vellojo
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Posts: 2982
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7 years ago
According to the real business cycle theory, an increase in the price of a resource, such as oil, that decreases the demand for loanable funds will ________ employment and ________ real GDP.
A) increase; increase
B) decrease; increase
C) increase; decrease
D) decrease; decrease
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
Read 110 times
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Studying economics @ Edinburgh U
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ukraniaukrania
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Posts: 1046
7 years ago
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vellojo Author
wrote...
7 years ago
Thank you for this

Comes at the right time too!

Good luck on your exams
Studying economics @ Edinburgh U
wrote...
7 years ago
Slight Smile
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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