Author Question: We limit ourselves to two periods in the intertemporal model of the business cycle because A) we ... (Read 47 times)

AEWBW

  • Hero Member
  • *****
  • Posts: 579
We limit ourselves to two periods in the intertemporal model of the business cycle because
 
  A) we need to concentrate on the two phases of the business cycle.
  B) we can assume that people can live two periods of, say, 30 years.
  C) this is all we need to emphasize the intertemporal trade-off.
  D) we need an even number of periods.

Question 2

Forecasting the future path of real GDP by exploiting past statistical relationships
 
  A) is never very reliable.
  B) can be accomplished by the construction and use of an index of leading variables.
  C) can be accomplished by the construction and use of an index of lagging variables.
  D) can be accomplished by the construction and use of an index of coincident variables.



Kedrick2014

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

For a complete list of videos, visit our video library