Real-Business-Cycle Theory Views Changes in Resource Availability and Technology as Shifting

question 238

True/False

Real-business-cycle theory views changes in resource availability and technology as shifting
aggregate demand and thus causing macroeconomic instability.

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Definitions:

Spermicide

A chemical product used to kill sperm, utilized as a form of contraception.

Preventing Pregnancy

The use of methods or techniques to avoid conception or birth, including contraception, abstinence, and sterilization procedures.

Foam

A substance formed by trapping pockets of gas in a liquid or solid, commonly used for various applications from cleaning to fire suppression.