[Solved] According to Real Business Cycle Models

Question 161
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According to real business cycle models,


A)the long-run Phillips curve is negatively sloped.
B)the economy is normally operating below the natural rate of unemployment.
C)unexpected changes in monetary policy are the major source of fluctuations in real GDP.
D)the economy is normally at potential GDP.
E)the economy is normally experiencing cyclical unemployment.

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