The Major Criticism of Real Business Cycle Models Is

question 87

Multiple Choice

The major criticism of real business cycle models is

• A)negative technology shocks are uncommon and can't explain all business cycle fluctuations.
• B)positive technology shocks actually push real GDP above the economy's potential GDP.
• C)negative technology shocks actually push real GDP below the economy's potential GDP
• D)this model relies too heavily on monetary explanations for fluctuations in real GDP.

---

Definitions:

Masters and Johnson

Two pioneering researchers in human sexuality, known for their work on the sexual response cycle and sexual disorders.

Kaplan

A surname that might refer to various individuals or entities, contextually requires specification for an accurate definition.

Basson Model

A circular model of sexual response emphasizing the importance of emotional intimacy and relationship context in female sexuality.

Significant Motivator

A factor or influence that significantly encourages someone to take action or to behave in a certain way.