Business, 20.03.2020 01:39, rue61

This theory views shocks to tastes (workers' willingness to work, for example) and technology (productivity) as the major driving forces behind short-run fluctuations in the business cycle because these shocks lead to substantial short-run fluctuations in the natural rate of output. Question 42 options: A) the natural rate hypothesis B) hysteresis C) real business cycle theory D) the Phillips curve model

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Business, 22.06.2019 20:20, martinezarielys17

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This theory views shocks to tastes (workers' willingness to work, for example) and technology (produ...