Author Question: No distinction is made between the effects of anticipated and unanticipated policy in ________. ... (Read 41 times)

Shelles

  • Hero Member
  • *****
  • Posts: 582
No distinction is made between the effects of anticipated and unanticipated policy in ________.
 
  A) traditional Keynesian theory
  B) new Keynesian theory
  C) real business cycle theory
  D) traditional Keynesian and real business cycle theory

Question 2

We collapse the consumer's current-period and future-period budget constraints into a single lifetime budget constraint by
 
  A) assuming no default.
  B) substituting for savings.
  C) eliminating consumption smoothing.
  D) assuming the consumer knows the future.



meltdown117

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

For a complete list of videos, visit our video library