« previous next »

Author Question: Which of the following is correct? A general assumption in real business cycle models is that a. ... (Read 29 times)

CBme

  • Hero Member
  • *****
  • Posts: 548
on: Jun 30, 2018
Which of the following is correct? A general assumption in real business cycle models is that
 
  a. dissimilar individuals populate the economy.
  b. the labor market does not clear.
  c. the economy is populated by a group of identical individuals.
  d. the economy experiences involuntary unemployment.

Question 2

According to the classical system, saving is a function of
 
  a. income.
  b. the real interest rate.
  c. the real wage.
  d. the profitability of firms.
  e. all of the above.


jazzlynnnnn

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

A closer look at the reproductive cycle of human immunodeficiency virus (HIV) A closer look at the reproductive cycle of human immunodeficiency virus (HIV)
Correct use of a fire extinguisher Correct use of a fire extinguisher
A general model of the sensorimotor system. Notice its hierarchical structure, functional ... A general model of the sensorimotor system. Notice its hierarchical structure, functional ...
Life cycle of Giardia. Life cycle of Giardia.
The rock cycle and the Earth’s physical environment The rock cycle and the Earth’s physical environment
Models of the lac repressor and its binding to operator sites in DNA Models of the lac repressor and its binding to operator sites in DNA
Video: Mechanisms of capillary exchange

For a complete list of videos, visit our video library