Question: Does the real business cycle model fit the data? The model indicates that consumption is procyclical, investment is procyclical, employment is procyclical, real wage is

Does the real business cycle model fit the data?
The model indicates that consumption is procyclical, investment is
procyclical, employment is procyclical, real wage is procyclical, and average labour productivity is procyclical.
Question 3 options:
None of these are consistent with the data.
Some of these are consistent with the data.
All of these are consistent with the data.

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