According to the real business cycle theory, technological change
A. occurs at a constant rate.
B. happens only occasionally.
C. happens at an uneven pace.
D. is increasing in recent years at an increasing rate.
Answer:C
According to the real business cycle theory, technological change
A. occurs at a constant rate. B. happens only occasionally. C. happens at an uneven pace. D. is increasing in recent years at an increasing rate.