This topic contains a solution. Click here to go to the answer

Author Question: One potential weakness of the coordination failure model as an explanation of business cycles is ... (Read 97 times)

iveyjurea

  • Hero Member
  • *****
  • Posts: 555
One potential weakness of the coordination failure model as an explanation of business cycles is that
 
  A) evidence supporting intertemporal substitution as an important determinant of labor supply is weak.
  B) evidence supporting the existence of increasing returns at the aggregate level is weak.
  C) it fails to explain several of the key business cycle regularities.
  D) it requires that consumers not behave in a rational manner.

Question 2

The academic work of Ben Bernanke, recent Chairman of the Board of Governors of the Federal Reserve System, suggests that he is a firm advocate of ________.
 
  A) fixed exchange rates
  B) inflation targeting
  C) decreased central bank transparency
  D) nominal GDP targeting



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fffftttt

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

B

Answer to Question 2

B




iveyjurea

  • Member
  • Posts: 555
Reply 2 on: Jun 30, 2018
Wow, this really help


phuda

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

For a complete list of videos, visit our video library