Which of the following causes of an economic expansion is consistent with real business cycle theory? Question 21 options: The development of computers leading to economy wide increases in productivity. The removal of social distancing restrictions after a pandemic. A large increase in government spending without any tax increases. A large decrease in the interest rate by a central bank

MACROECONOMICS FOR TODAY
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ISBN:9781337613057
Author:Tucker
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Chapter6: Business Cycles And Unemployment
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Which of the following causes of an economic expansion is consistent with real business cycle theory?
Question 21 options:
The development of computers leading to economy wide increases in productivity.
The removal of social distancing restrictions after a pandemic.
A large increase in government spending without any tax increases.
A large decrease in the interest rate by a central bank
Transcribed Image Text:Which of the following causes of an economic expansion is consistent with real business cycle theory? Question 21 options: The development of computers leading to economy wide increases in productivity. The removal of social distancing restrictions after a pandemic. A large increase in government spending without any tax increases. A large decrease in the interest rate by a central bank
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