What are important shortcomings of real business cycle model, Macroeconomics

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What are important shortcomings of real business cycle model

Problem

1. Should the government act to stabilize output in the real business cycle model?

2. Does the real business cycle model fit the data?

3. What are the important shortcomings of the real business cycle model?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: What are important shortcomings of real business cycle model

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Macroeconomics: What are important shortcomings of real business cycle model

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