One criticism of the new classical model is that it does not have an adequate explanation for
a. rising prices and output.
b. short-run effects of monetary policy on output.
c. how optimizing individuals form their expectations.
d. the Great Depression.
e. both c and d.
Question 2
In the United States, an official dating of business cycles
a. is executed by the Federal Reserve Bank of New York.
b. originates with the Department of Commerce.
c. was started by the Bureau of Labor Statistics Institute.
d. is performed by the Business Cycle Dating Group of the National Bureau of Economic Research.
Human Heart Model
Information Processing Model The components of the model operate simultaneously.
A Modern View: The Conveyor Belt Model
The sliding filament model of muscle contraction
A model for kinetochore structure and organization
The attenuation model regulating the tryptophan operon