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According to the Real Business Cycle Theory,what Is the Principal

question 67

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According to the real business cycle theory,what is the principal cause of business cycle fluctuations?


Definitions:

Predict

To declare or indicate in advance; especially, to foretell on the basis of observation, experience, or scientific reason.

Confidence

The degree to which one can feel assured about an estimate, prediction, or result, often quantified in statistical analysis as a confidence interval.

Winnings

The amount of money or prizes won in a game, lottery, or other competition.

Education

Education is the systematic process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits through various forms such as teaching, training, storytelling, discussion, and directed research.

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