Author Question: Real business cycle and new Keynesian models disagree upon a. whether people form their ... (Read 114 times)

fagboi

  • Hero Member
  • *****
  • Posts: 535
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

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

B

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

For a complete list of videos, visit our video library