3 Define real shock and nominal shock. What type of real shock do real business cycle economists...

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3 Define real shock and nominal shock. What type of real shock do real business cycle economists consider the most important source of cyclical fluctuations?

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Macroeconomics

ISBN: 126148

6th Edition

Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore

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Question Posted: Nov 12, 2024 11:00 AM

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3. Define real shock and nominal shock. Give an example of each. What type of real shock do real business cycle economists consider the most important source of cyclical fluctuations?
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3 Define real shock and nominal shock. What type of real shock do real business cycle economists...

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Macroeconomics

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