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business cycle use the following information to work on questions 1 to 3 Suppose that the business cycle in the United States is best illustrated

business cycle

use the following information to work on questions 1 to 3

Suppose that the business cycle in the United States is best illustrated by RBC theory and the new technology in the United States increases productivity.

  1. Make a graph showing the effect of new technology in the loan fund market.
  2. Make a graph that shows the effect of new technology on the labor market.
  3. Explain the decision when the right time to work when there is progress in the field of technology.

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