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Author Question: Among the pioneers of real business cycle theory is ________. A) Edward Prescott B) Robert Lucas ... (Read 134 times)

MGLQZ

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on: Jun 30, 2018
Among the pioneers of real business cycle theory is ________.
 
  A) Edward Prescott
  B) Robert Lucas
  C) Robert Solow
  D) Paul Volcker

Question 2

A money supply increase in the New Keynesian model is not neutral because
 
  A) consumers are fooled into working harder.
  B) the real interest falls, the quantity of output demanded rises, and firms supply more output.
  C) productivity rises, increasing output supply.
  D) bank lending rises.


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Missbam101

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


MGLQZ

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

carlsona147

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Reply 3 on: Yesterday
:D TYSM

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