With Which of the Following Statements Would a "Real Business

question 219

Multiple Choice

With which of the following statements would a "real business cycle" theorist most closely agree?

• A)"Monetary policies have the greatest impact on real GDP when they are anticipated."
• B)"Expansionary monetary policy allows the central bank to control inflation and unemployment simultaneously."
• C)"Wages adjust rapidly to changes in inflation as long as expectations are formed rationally."
• D)"Technological shocks to the economy affect only aggregate demand in the short run."

---

Definitions:

Perilous Transition

A risky or hazardous change from one state or condition to another, often involving significant challenges or dangers.

Adolescents

Young people transitioning from childhood to adulthood, typically aged between 13 and 19, experiencing significant physical, psychological, and social changes.

American Parents

Refers specifically to the parenting styles, practices, and cultural influences unique to parents in the United States, which can vary widely across different regions and communities.

Adolescents' Disclosure

The act of adolescents sharing personal information, thoughts, or feelings with others.