Solved: Using the real business cycle theory explain two 2 effects, Business Management

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Using the real business cycle theory explain two 2 effects

Using the real business cycle theory, explain two (2) effects of an adverse technological shock on the labor market and on the output market.

Suppose you were interested in increasing technological progress in your country. Suggest two (2) ways to do this.

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

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