McqMate
| Q. |
Real business cycle proponents argue that |
| A. | recessions are caused by movements of output away from the natural rate of output |
| B. | prices and wages are sticky |
| C. | macroeconomics should be based on the same assumptions as microeconomics |
| D. | monetary policy is important in determining recessions |
| Answer» C. macroeconomics should be based on the same assumptions as microeconomics | |
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