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Author Question: Real business cycle theorists agree with new Keynesian economists that a. agents maximize ... (Read 138 times)

Themember4

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on: Jun 30, 2018
Real business cycle theorists agree with new Keynesian economists that
 
  a. agents maximize utility.
  b. the labor market do not clear.
  c. AS shocks can play a big role in business cycles.
  d. Both a and c.

Question 2

The value of labor is in skill, effort and knowledge.
 
  Indicate whether the statement is true or false


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ntsoane kedibone

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

True


Themember4

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Reply 2 on: Jun 30, 2018
Excellent

Joy Chen

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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