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vellojo vellojo
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Posts: 2982
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7 years ago
Suppose that in response to a decrease in real interest rates, a person decides to reduce his labor supply today and increase it in the future. This behavior is most consistent with the
A) new Keynesian theory of the business cycle.
B) real business cycle theory.
C) new classical theory of the business cycle.
D) Keynesian theory of the business cycle.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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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
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7 years ago
Checks out after I submitted my assignment Smiling Face with Open Mouth
Studying economics @ Edinburgh U
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