Real business cycle theory explains changes in employment and output by focusing on
A) changes in fiscal policy. B) real supply-side factors.
C) the interaction of fiscal and monetary policies. D) changes in monetary policy.
B
Economics
You might also like to view...
The efficient markets hypothesis suggests that if an unexploited profit opportunity arises in an efficient market
A) it will tend to go unnoticed for some time. B) it will be quickly eliminated. C) financial analysts are your best source of this information. D) all profits will be eliminated through taxation.
Economics
Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 
A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C
Economics