Which of the Following Changes Would Not Be Considered a Likely

question 16

Multiple Choice

Which of the following changes would not be considered a likely source of changes in Real GDP according to real business cycle theory?

• A) a natural disaster
• B) a technological change
• C) a change in the price of an important input
• D) a change in the money supply
• E) none of the above

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Definitions:

Manage Finances

The process of budgeting, saving, investing, spending, or overseeing the capital usage of an individual or group.

Technology

The application of scientific knowledge for practical purposes, especially in industry - machinery, equipment, and software created from such knowledge.

Wireless Internet Access Points

Devices that allow wireless-equipped computers and other devices to connect to a wired network using Wi-Fi, Bluetooth or related standards.

Videoconferences

Meetings conducted over video communication platforms, allowing participants in different locations to see and hear each other.