Business, 28.06.2021 16:00 NemoMay7990
According to real business cycle theorists, consumption resulting from the major production innovations incentivizes businesses to borrow from banks, causing the money supply to .
Answers: 1
in any economy can be explained by the technological shocks and the changes in the productivity. All these changes in the technological growth affects the decisions of the firms on investment as well as workers or the labor supply.
to borrow more from the banks, and it causes the supply of money to increase.
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According to real business cycle theorists, consumption resulting from the major production innovat...
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