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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
Critics of the real business cycle theory claim that
A) the intertemporal substitution effect is too weak to account for changes in labor supply.
B) both real and nominal variables change during the business cycle.
C) changes in technology cannot cause economic growth.
D) Both answers B and C are correct.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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amishamish
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7 years ago
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vellojo Author
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#2
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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