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Which of the following is NOT implied by the RBC theory? A.Money is neutral. B.Fluctuations in real GDP are optimal responses to TFP shocks. C.There

Which of the following is NOT implied by the RBC theory?

A.Money is neutral.

B.Fluctuations in real GDP are optimal responses to TFP shocks.

C.There is no inefficiency needing corrections in the economy.

D.Fiscal policy is less effective than monetary policy in stabilizing the economy.

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