13. Discuss how each of the following sources of real business cycles would affect the economy. a....

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13. Discuss how each of the following sources of real business cycles would affect the economy.

a. Farmers go on strike for six months.

b. Oil prices fall substantially.

c. Particularly favorable weather increases agricultural output nationwide.

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Macroeconomics

ISBN: 9781250781284

8th Edition

Authors: William Boyes, Michael Melvin

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