What are the key ideas of the real business cycle model? How does it explain business cycle

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What are the key ideas of the real business cycle model? How does it explain business cycle fluctuations?

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Macroeconomics Policy And Practice

ISBN: 978-0133424317

2nd Edition

Authors: Frederic Mishkin

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Question Posted: Feb 20, 2024 04:00 AM

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What are the key ideas of the real business cycle model? How does it explain business cycle

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The real business cycle RBC model is a macroeconomic framework that emphasizes real factors such as technology shocks and changes in productivity as t...View the full answer

Macroeconomics Policy And Practice

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