Using the real business cycle theory explain two 2 effects, Business Economics

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Using the real business cycle theory explain two 2 effects

Part II a. Using the real business cycle theory, explain two (2) effects of an adverse technological shock on the labor market and on the output market. b. Suppose you were interested in increasing technological progress in your country. Suggest two (2) ways to do this.

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Business Economics: Using the real business cycle theory explain two 2 effects

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Business Economics: Using the real business cycle theory explain two 2 effects

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