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smitch6 smitch6
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6 years ago
Changes in total factor productivity are plausible causes of business cycles because productivity-induced business cycles correctly predict
A) real wages and total hours must be procyclical.
B) real wages and consumption must be procyclical.
C) total hours worked and consumption must be procyclical.
D) consumption and government spending must be procyclical.
E) consumption and total factor productivity must be procyclical.
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Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
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Blade73Blade73
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6 years ago
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smitch6 Author
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6 years ago
Brilliant ツ
Mkersey12
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Yesterday
Smart ... Thanks!
Loruiz15
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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