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Quiz
Related Lesson
Game of Theories: Real Business Cycle
Knowledge Check
Knowledge Check
Question 1 of 3
According to real business cycle theory, negative real shocks initially affect _______.
a.
Long run aggregate supply
b.
Wages
c.
Aggregate demand
d.
The money supply
e.
None of the above.
Check Answer
Related Courses
Course
Principles of Macroeconomics
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