In the real business cycle theory, during a period when output is falling,
a. workers are voluntarily giving up their jobs.
b. the quantity supplied of labor is falling.
c. aggregate productivity must be falling.
d. all of the above.
e. none of the above.
Question 2
The higher the marginal income tax rate, the
a. higher the MPC out of disposable income.
b. lower the MPC out of disposable income.
c. higher the autonomous expenditure multiplier.
d. lower the autonomous expenditure multiplier.
e. None of the above
Life Cycle of Lobster
In 1979 Islamic militants held American embassy workers hostage in Tehran.
Real Price of Oil, 1861–2010
The Female Reproductive Cycle
Relative expression times and amounts of cyclins during the cell cycle
The three-step cycle of PCR