Models That Focus on Factors Such as Technology Shocks Rather

question 19

Multiple Choice

Models that focus on factors such as technology shocks rather than "monetary" explanations of fluctuations in real GDP are called

• A)nonmonetary business cycle models.
• B)real business cycle models.
• C)rational expectations models.
• D)short-run macroeconomic models.

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Definitions:

Cationic Polymerization

A type of polymerization where the growing polymer chain carries a positive charge, often initiated by an electrophilic compound.

Benzoyl Peroxide

Benzoyl peroxide is an organic compound used primarily as an acne treatment, known for its antibacterial properties, with the formula (C6H5CO)2O2.

Free-radical Polymerization

A method of polymerization where a polymer forms by the successive addition of free-radical building blocks.

Styrene

A colorless liquid that is used in the manufacture of polystyrene plastics, rubber, and resins.