According to the Real Business Cycle Model

question 278

Multiple Choice

According to the real business cycle model

• A)increases in aggregate demand raise GDP.
• B)increases in aggregate demand lower GDP.
• C)increases in aggregate demand do not affect GDP.
• D)increases in aggregate demand lower the price level.

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Definitions:

Floppy

Pertaining to or characteristic of a floppy disk or flexible nature; often used to describe a state of lacking rigidity.

Cardiac Arrest

An abrupt loss of heart function, breathing, and consciousness, typically resulting from an electrical disturbance in the heart.

CPR

Cardiopulmonary Resuscitation, an emergency procedure that combines chest compressions with artificial ventilation to manually preserve intact brain function until further measures are taken to restore spontaneous blood circulation and breathing in a person who is in cardiac arrest.

Electrical Shock

An injury caused by electric current passing through the body.