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Author Question: Real business cycle and new Keynesian models disagree upon a. whether people form their ... (Read 64 times)

fagboi

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on: Jun 30, 2018
Real business cycle and new Keynesian models disagree upon
 
  a. whether people form their expectations rationally.
  b. whether changes in unemployment are voluntary or involuntary.
  c. whether individuals engage in optimizing behavior at all times.
  d. whether changes in the money supply affect output in the long-run.

Question 2

At one time, people living in the U.S. were imprisoned or fined for not having legitimate work.
 
  Indicate whether the statement is true or false


IRincones

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

B

Answer to Question 2

True


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