[Solved] The Major Criticism of Real Business Cycle Models Is

Question 162
Multiple Choice
arrowQuestion 162arrow

The major criticism of real business cycle models is

A)negative technology shocks are uncommon and can't explain all business cycle fluctuations.
B)positive technology shocks actually push real GDP above the economy's potential GDP.
C)negative technology shocks actually push real GDP below the economy's potential GDP.
D)this model relies too heavily on monetary explanations for fluctuations in real GDP.
E)this model does not offer an explanation of how shocks are transmitted from one sector to another.


10+ million students use Quizplus to study and prepare for their homework, quizzes and exams through 20m+ questions in 300k quizzes.


Explore our library and get Economics Homework Help with various study sets and a huge amount of quizzes and questions

Related Questions

Get Free Access Now!

Get free access by uploading any valuable academic documents


Invite your friends by sharing your unique referral link, and get a free access

Invite a friendInvite a friendInvite a friend
Join Us
Join Us

Sign up to get 5 free question for every quiz you visit. Or Subscribe and get instant access