Which of the following would not be considered a real variable in determining a real business cycle?

a. A change in technology
b. A labor strike
c. An increase in the money supply
d. A change in tastes
e. A substantial weather event

c

Economics

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To improve its standard of living, a nation's economy must

(A) Let the government make economic decisions. (B) Reach economic equality. (C) Grow through innovation. (D) Remain stable.

Economics

Most state governments in the United States operate under constitutional provisions that severely restrict expenditures financed by borrowing

Suppose this were to change, so that state governments' access to credit markets was no different from the federal government. What consequences would you predict for the nation's aggregate debt burden?

Economics