In New Classical Cycle Theory, _______ Bring Fluctuations in Real

question 48

Multiple Choice

In new classical cycle theory, _______ bring fluctuations in real GDP around potential GDP.

• A)unexpected changes in aggregate demand
• B)expected changes in labour productivity
• C)expected changes in aggregate demand
• D)fluctuations in investment coupled with rigid wages
• E)fluctuations in money growth with rigid wages

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