According to real business cycle theory
A) monetary policy is driving business cycles.
B) Federal Reserve actions need to be watched closely.
C) technology shocks have a major role in business cycles.
D) cash-in-advance is necessarily to explain business cycles.
C
Economics
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Refer to Table 2-14. What is Ireland's opportunity cost of producing one guitar?
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Stocks are riskier for buyers because there is no commitment to pay dividends.
Answer the following statement true (T) or false (F)
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