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Provide a brief explanation of the general ineffectiveness of policy in counteracting business cycles in the...

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Economics

Provide a brief explanation of the general ineffectiveness ofpolicy in counteracting business cycles in the RBC model.

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ANSWER It is very well known that real business cycle explains about the fluctuations of that particular business in its life cycleThe business cycle is derived from the technological shockWhen the economy in a    See Answer
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