Question: Two business cycle facts that are less easily explained by the basic real business cycle model are that Question content area bottom Part 1 A

Two business cycle facts that are less easily explained by the basic real business cycle model are that
Question content area bottom
Part 1
A.
the nominal money supply is procyclical and tends to lag with real GDP.
B.
the nominal money supply and the price level are both acyclical.
C.
the nominal money supply is countercyclical and tends to lead real GDP.
D.
the nominal money supply is procyclical and tends to lead real GDP.
E.
the nominal money supply is countercyclical and tends to lag real GDP.

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