Author Question: Shocks to long-run aggregate supply can be a source of business fluctuations ________. A) only in ... (Read 47 times)

schs14

  • Hero Member
  • *****
  • Posts: 569
Shocks to long-run aggregate supply can be a source of business fluctuations ________.
 
  A) only in real business cycle models
  B) only in new Keynesian models
  C) in both real business cycle and new Keynesian models
  D) only if the money supply rises

Question 2

In the new Keynesian model, an ________ increase in productivity will impact ________.
 
  A) unanticipated; both aggregate demand and aggregate supply
  B) anticipated; both aggregate demand and aggregate supply
  C) anticipated; aggregate demand, but not aggregate supply
  D) unanticipated; aggregate demand, but not aggregate supply



debra928

  • Sr. Member
  • ****
  • Posts: 342
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?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

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?

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

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

For a complete list of videos, visit our video library