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vellojo vellojo
wrote...
Posts: 2982
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7 years ago
According to the real business cycle (RBC) theory, during a recession the demand for labor ________ and the supply of labor ________.
A) does not change; decreases
B) decreases; decreases
C) increases; decreases
D) decreases; does not change
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
Read 125 times
2 Replies
Studying economics @ Edinburgh U
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Answer verified by a subject expert
amishamish
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Posts: 475
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
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