Economics:
Economics:
10th Edition
ISBN: 9781285859460
Author: BOYES, William
Publisher: Cengage Learning
Question
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Chapter 14, Problem 9E
To determine

(a)

To explain:

The implications on the business cycle due to manipulation done by unavoidable administrators.

To determine

(b)

To explain:

The implications on business cycle due to real shocks to the economy.

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