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Innovations such as the microchip and the Internet lead to business cycle variations because

A. significant innovations occur irregularly and unexpectedly.
B. they cause prices to be sticky.
C. they cause prices to be flexible.
D. the central bank will often change the money supply in response.

User NooBskie
by
8.4k points

1 Answer

7 votes
C. They cause prices to be flexible

User Praveen Rewar
by
8.1k points
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