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.

Distinguish between different types of interests (instrumental, substantive) involved in negotiations.

Assess the quality of integrative agreements based on meeting the parties' interests and needs.

Understand the key components and the significance of observational learning within group settings.

Identify and differentiate between various cognitive and behavioral interventions and techniques used in group therapy.