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The real business cycle (RBC) model adapts the Lucas model by replacing its assumption of Group of answer choices demand shocks as primary generators of
The "real business cycle" (RBC) model adapts the Lucas model by replacing its assumption of Group of answer choices demand shocks as primary generators of cycles. adaptive expectations. continuous market-clearing. slow wage and price adjustment
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Business Its Legal Ethical and Global Environment
Authors: Marianne M. Jennings
11th edition
1337103578, 978-1337514392, 133751439X, 978-0357690130, 978-1337103572
