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Business, 11.03.2020 04:29 ionutvasiliev4237

According to real business cycle theory, a. monetary factors affecting aggregate demand cause macroeconomic instability. b. when real wages fall during recessions, "real" unemployment rates rise. c. the net long-run costs of business fluctuations are severe. d. recessions result from declines in long-run aggregate supply, rather than decreases in aggregate demand.

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