If output begins to grow substantially faster than capital and labor inputs, then the real business cycle model predicts, ceteris paribus, ________
A) an increase in inflation
B) a decrease in employment
C) a decrease in investment
D) a business cycle expansion
D
Economics
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What will be an ideal response?
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In a long-run equilibrium in a perfectly competitive market, firms are selling at a price equal to average cost
a. True b. False Indicate whether the statement is true or false
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