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Suppose that a severe shock that decreases investment demand hits the United States.Which of the following can we expect to occur according to the real business cycle model?
Cultures
The beliefs, customs, arts, and institutions of a society, group, place, or time.
Norms
Socially accepted rules or standards of behavior expected within a group or society.
Social Life
The part of an individual's time that is spent interacting with others, participating in social activities and forming relationships.
Culture
The shared beliefs, customs, arts, institutions, and all other products of human work and thought created by a group of people at a particular time.
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