In what way does the real business cycle model differ from other models?
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Q36: Figure 1. Q37: Procyclical refers to: Q38: If firms face a weak demand they Q39: If data exhibits a trend that is Q40: Which business cycle model is based around Q42: In the real business cycle: Q43: What is meant by comovement and what Q44: Name two macroeconomic variables that decline when Q45: What is meant by a leading indicator? Q46: According to the new classical model, what
A) A variable that is
A) Employment, labour
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