According to Real Business Cycle Theory,a Likely Cause of an Increase

question 58

Multiple Choice

According to real business cycle theory,a likely cause of an increase in employment is ________.

• A)an increase in the real wage
• B)an increase in aggregate demand
• C)a decrease in the real wage
• D)a decrease in the real interest rate

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Definitions:

Aggressive Person

An individual who exhibits behavior that is assertive, possibly hostile, and often aims to dominate or control situations.

Video Game

An electronic game involving interaction with a user interface to generate visual feedback on a two- or three-dimensional video display device.

Interactionism

The principle that aspects of personality and of situations work together to determine behavior; neither has an effect by itself, nor is one more important than the other.

Extraverted Person

An individual characterized by an outgoing, energetic, and sociable nature, often seeking stimulation from external sources.