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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
A criticism of the real business cycle (RBC) theory is that
A) productivity fluctuations might be caused by the business cycle.
B) potential GDP does not vary with changes in the quantity of money.
C) the money wage rate is flexible.
D) All of the above answers 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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#1
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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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