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Home Q & A Board Other Fields Homework Help Business Economics
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ice5192 ice5192
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6 years ago
The basic real business cycle model has some difficulty explaining why
A) consumption is procyclical.
B) investment is procyclical.
C) the price level is countercyclical.
D) the money supply is procyclical.
E) the real wage is procyclical.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
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Blade73Blade73
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6 years ago
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ice5192 Author
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#2
5 years ago
Yes, correct
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