In the real business cycle theory, during a period when output is falling,
a. workers are voluntarily giving up their jobs.
b. the quantity supplied of labor is falling.
c. aggregate productivity must be falling.
d. all of the above.
e. none of the above.
D
Economics
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If a country choose to dollarize, it has relinquished its
A) monetary policy autonomy. B) pain from realignments C) ability to conduct fiscal transactions. D) ability to borrow internationally.
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Something that motivates or encourages people to take an action is referred to as a(n)
A) utility. B) abstract. C) market. D) incentive.
Economics