Which of the following would NOT cause a real business cycle?
A) a sustained change in the price of oil B) a change in the money supply
C) a change in technology D) a change in the composition of the labor force
B
Economics
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The sum of consumer surplus and producer surplus is equal to
A) total profit. B) zero. C) the economic surplus. D) the deadweight loss.
Economics
Which of the following shifts aggregate demand to the right?
a. a decrease in the money supply b. increases in the profitability of capital due perhaps to technological progress. c. the repeal of an investment tax credit d. a decrease in the price level
Economics