Is it possible for there to be a business cycle without fluctuations in employment and output? Which,

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Is it possible for there to be a business cycle without fluctuations in employment and output? Which, if any, school(s) of thought suggested that this would be the normal case?

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Macroeconomics

ISBN: 978-0138014919

12th edition

Authors: Robert J Gordon

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Question Posted: Dec 09, 2015 03:26 AM

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Is it possible for there to be a business cycle without fluctuations in employment and output? Which,

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It is possible that fluctuations in aggregate demand and supply could have their entire impact abso...View the full answer

Macroeconomics

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