Real-Business-Cycle Theory Views Changes in Resource Availability and Technology as Shifting

question 238

True/False

Real-business-cycle theory views changes in resource availability and technology as shifting
aggregate demand and thus causing macroeconomic instability.

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Definitions:

Lowest Price

The smallest amount of money that can be paid for a product or service in the market.

Market Capitalization

The total value of a company's outstanding shares of stock, calculated by multiplying the current stock price by the total number of shares.

Outstanding

Exceptionally good or conspicuously notable above others.

Price Per Share

The current market value of a company's single share of stock, reflecting the investors' perceptions of its future prospects.