Business
Business, 17.09.2019 15:00, emelylugo33

The theory that real shocks to the economy are the primary cause of business cycles is

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Business, 23.07.2019 21:00, 885122bah
Real business cycle theory a. emphasizes the role of sentiments that create the self-fulfilling prophecies that drive economic fluctuations. b. explains how monetary factors drive business cycles. c. explains how initial economic shocks are amplified through the multiplier process. d. emphasizes the role of changing productivity and technology in causing economic fluctuations.
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Business, 26.07.2019 04:10, masie03
With which of the following statements would a "real business cycle" theorist most closely agree? "monetary policies have greatest impact on real gdp when they are anticipated." "expansionary monetary policy allows the central bank to control inflation and unemployment simultaneously." "wages adjust slowly to changes in inflation as long as expectations are formed rationally." "technological shocks to the economy explain deviations of real gdp from its potential level."
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History, 22.09.2019 07:00, ciel8809
What do most economists believe about the future of business cycles? a) economists have made no predictions about future business cycles. b) business cycles will continue to drive our economy. c) business cycles will grow more extreme, with higher peaks and deeper troughs. d) advances in technology have brought business cycles to an end.
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