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6 years ago
Of the four models of the business cycle, which model's implication concerning the change in real wages during recessions is consistent with actual observed changes in real wages during recessions?
A) the Real Business Cycle theory
B) the Friedman-Phelps-Lucas Model
C) the Keynesian Model
D) None of the above.
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Macroeconomics

Macroeconomics


Edition: 12th
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6 years ago
ty ty ty..
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