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What Do Proponents of the Real Business Cycle Model Argue

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What do proponents of the real business cycle model argue about the short-run aggregate supply curve?


Definitions:

College Basketball

An organized sport involving basketball teams from colleges and universities, often as part of a competitive league or association.

Regular Season

The portion of the sports season during which teams compete for positioning in the playoffs or championship, prior to any post-season games.

Hypothesis

A proposed explanation for a phenomenon, made as a starting point for further investigation, which can be tested through experimentation or observation.

Assumptions

Premises or conditions accepted as true without proof, used as the basis for further reasoning or argument.

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