Which of the Following Changes Would Not Be Considered a Likely

question 16

Multiple Choice

Which of the following changes would not be considered a likely source of changes in Real GDP according to real business cycle theory?

• A) a natural disaster
• B) a technological change
• C) a change in the price of an important input
• D) a change in the money supply
• E) none of the above

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Definitions:

Market And Global Trade

The exchange of goods and services between companies or individuals in different countries, driven by global markets and facilitated by advancements in transportation and technology.

Old World Gender Roles

Traditional gender roles as established and recognized primarily in Europe, Asia, and Africa before the influence of modernization, emphasizing distinct societal and familial roles for men and women.

Communities

Groups of people living in the same place or having a particular characteristic in common.

Northeast

A geographical region of the United States, typically considered to include New England and the Mid-Atlantic states.