Real business cycle theory suggests that ____ not important in explaining short-term fluctuations around actual output ?

Related Mcqs:

Economic growth is important because ?

A. People want less crime B. People want to be happier C. People want a better environment D. People want higher incomes and more consumer goods....

The golden-rule saving rate is the rate of saving that ?

A. gets the highest rate of interest B. maximizes the level of long-run investment C. maximizes the level of long-run consumption D. maximizes human capital...

Potential output can be increased by ____ or by ______?

A. increasing the use of labor increasing the use of land B. increasing the use of capital increasing the use of labour C. increasing the use of land increasing the use of capital D. increasing the use of all inputs, technical advances...

Economic growth may depend upon _____ and _____?

A. Population size, x-efficiency B. Population age distribution, education C. Population growth technical progress D. Population growth education...

The multiplier accelerator model assumes ____ depends on ______?

A. consumption expected future profits B. investment, interest rates C. investment expected future profits D. stock building interest rates...