1547EconomicsMedium
Real business cycle theorists argue that ________ can explain short- and long-term fluctuation in output?
Arational expectations
Bintertertemporal decisions of households, firms and government
Cimperfect labor markets
Dsun spot cycles
Correct answer
B. intertertemporal decisions of households, firms and government
Explanation
The correct answer is intertertemporal decisions of households, firms and government.