UGC NET
Ayushi Asked a Question
August 25, 2020 9:42 pmpts 30 pts
  • UGC NET
  • Economics

60. which of the following statement about the real business cycle theory is false? (1) it argues that trade cycle is caused by supply side factors (2) a very p

60. Which of the following statement about the Real Business Cycle theory is false? (1) It argues that trade cycle is caused by supply side factors (2) A very popular versíon of the theory has been given by Kidland and Prescott (3) It argues that increase in supply of money can cause cycles )It treats technology shock as an important factor for emergence of cycles
  • 1 Answer(s)
Answer Now
  • 0 Likes
  • 1 Comments
  • Shares
  • Nidhi taparia Best Answer
    Option (3) is the answer. Real business cycle theory suggests that nominal or money supply related changes do not cause business cycles.
    Likes(0) Reply(0)
How Eduncle Helps You ?
StudentTutorInstitutionApp
Help
FAQsPayment TermsRefund PolicyAsk Support
Head Office :
MPA 44, 2nd floor, Rangbari main Road Mahaveer Nagar II, Kota (Raj.) - 324005

Branch Office (Jaipur):
Shyam Tower, Plot No. F2, 6th Floor Amrapali Circle,
Vaishali Nagar, Jaipur, Rajasthan 302021

Mail: info@eduncle.com
All Rights Reserved © Eduncle.com