According to Real Business Cycle Theorists, an Increase in Total

question 43

Multiple Choice

According to real business cycle theorists, an increase in total factor productivity could lead to an increase in the nominal money supply due to

• A) the cyclical behaviour of tax collections and attempts by the Bank of Canada to stabilize real output.
• B) Bank of Canada attempts to stabilize real output and the price level.
• C) Bank of Canada attempts to stabilize the price level and banking sector expansion of deposit money.
• D) banking sector expansion of deposit money and the cyclical behaviour of tax collections.
• E) Bank of Canada attempts to stabilize business cycle fluctuations.

---

Definitions:

Digital Images

Pictures or visuals created and stored in a digital format, viewable through electronic devices.

Hardware Systems

Physical components of a computer or electronic system, encompassing devices like processors, memory units, and storage drives.

Interactive Device

A device capable of allowing users to engage in a two-way exchange of information, often with touch or voice commands.

Two-dimensional Barcode

An optical, machine-readable representation of data, which can store various types of information and is typically scanned by a mobile device.