Question
Suppose that in response to a decrease in real interest rates a person decides to reduce his labour supply today and increase in future. This
Suppose that in response to a decrease in real interest rates a person decides to reduce his labour supply today and increase in future. This behaviour is most consistent with the ____________ cycle theory.
new classical
keynesian
new keynisian
real nusiness
monetariat
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Technical Change, Relative Prices, And Environmental Resource Evaluation
Authors: V Kerry Smith
1st Edition
1317358570, 9781317358572
