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Home Q & A Board Other Fields Homework Help Business Economics
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smitch6 smitch6
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6 years ago
In the real business cycle model, a persistent increase in total factor productivity
A) has no effect on the real interest rate.
B) unambiguously increases the real interest rate.
C) unambiguously decreases the real interest rate.
D) has a theoretically ambiguous effect on the real interest rate.
E) has a theoretically ambiguous effect on the nominal interest rate.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
Author:
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karmarkarmar
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6 years ago
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smitch6 Author
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6 years ago
Helped a lot
loki1345
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
njn;l
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2 hours ago
You make an excellent tutor!
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