The flaw of the Real Business Cycle model is that it
A) assumes away output fluctuations.
B) assumes complete wage rigidity.
C) assumes unrealistic fooling of workers.
D) requires procyclical wage movements and continuous labor market equilibrium.
D
Economics
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A) smaller in the labor market and larger in the goods market than B) equal to C) not comparable to D) larger than E) smaller than
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If automobile commuters are asked in a survey whether their city needs additional freeways, the answers will reveal
A) almost nothing about the demand for freeways. B) only one portion of the demand for freeways. C) the demand for freeways but from a biased grou
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