The Real Business Cycle RBC) Theory Assets That the Impact

question 240

Multiple Choice

The real business cycle RBC) theory assets that the impact on real GDP of technological change is

• A) always negative.
• B) nonexistent.
• C) always positive.
• D) usually positive but occasionally negative.

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Definitions:

Self-control

Self-control is the ability to regulate one's emotions, thoughts, and behavior in the face of temptations and impulses.

Equity Theory

An assumption that how much people are willing to contribute to an organization depends on their assessment of the fairness, or equity, of the rewards they will receive in exchange.