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In the model with uncertainty and no capital, if the only shocks are technology shocks, labour...

In the model with uncertainty and no capital, if the only shocks are technology shocks, labour input will be

Question 15 options:

countercyclical.

increasing over time.

procyclical.

decreasing over time.

acyclical.
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In the model with uncertainty and no capital, if the only shocks are technology shocks, labour input will be :

decreasing over time.

Varieties in technological advancement the fundamental wellspring of since quite a while ago run financial development can lead to short-run vacillations. Macroeconomy as a unique framework, where specialists private operators and policymakers– make normal, forward-looking, and interrelated choices. The two articles give bits of knowledge into after war improvements on the planet economy, regarding private-area or government conduct

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