11 Explain the when-to-work decision when technology advances. Suppose that the business cycle in the UK is

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11 Explain the when-to-work decision when technology advances. Suppose that the business cycle in the UK is best described by RBC theory and that a new technology increases productivity.

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Economics

ISBN: 9781118150122

10th European Edition

Authors: Michael Parkin, Dr Melanie Powell, Prof Kent Matthews

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