Real Business Cycle Theorists Think That Most Business Cycle Fluctuations

question 33

Multiple Choice

Real business cycle theorists think that most business cycle fluctuations are caused by shocks to

• A)the production function.
• B)the size of the labour force.
• C)the real quantity of government purchases.
• D)the spending and saving decisions of consumers.

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Definitions:

Glasgow Coma Scale

A clinical scale used to assess the consciousness level of a person following a traumatic brain injury, measuring motor response, verbal response, and eye opening.

Motor Strength

is the physical power and capacity of muscles to perform movements and tasks, ranging in scale from 0 (no muscular contraction) to 5 (full power).

Verbal Response

The act of answering or reacting to a question or situation through spoken words.

Orientation

A cognitive function that refers to the awareness of oneself in relation to time, place, and person.