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    Essentials of Economics Study Set 5
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    Exam 15: Aggregate Demand and Aggregate Supply Analysis
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    The Model That Focuses on How Productivity Shocks Explain Fluctuations
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The Model That Focuses on How Productivity Shocks Explain Fluctuations

Question 138

Question 138

Multiple Choice

The model that focuses on how productivity shocks explain fluctuations in real GDP is the


A) monetarist model.
B) real business cycle model.
C) new classical model.
D) new Keynesian model.

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