This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Real business cycle theorists agree with new Keynesian economists that a. agents maximize ... (Read 128 times)

Themember4

  • Hero Member
  • *****
  • Posts: 538
on: Jun 30, 2018
Real business cycle theorists agree with new Keynesian economists that
 
  a. agents maximize utility.
  b. the labor market do not clear.
  c. AS shocks can play a big role in business cycles.
  d. Both a and c.

Question 2

The value of labor is in skill, effort and knowledge.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ntsoane kedibone

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

True


Themember4

  • Member
  • Posts: 538
Reply 2 on: Jun 30, 2018
Excellent

alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Zygotic life cycle, illustrated by the unicellular flagellate genus Chlamydomonas Zygotic life cycle, illustrated by the unicellular flagellate genus Chlamydomonas
Origin of the plant life cycle. Origin of the plant life cycle.
Care must be taken in handling bodily fluids to prevent the transfer of infectious agents through co Care must be taken in handling bodily fluids to prevent the transfer of infectious agents through co
In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it. In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
Classification of Antihypertensive Agents Classification of Antihypertensive Agents
The life cycle of maize (Zea mays The life cycle of maize (Zea mays
Video: Random alignment at Metaphase I Animation

For a complete list of videos, visit our video library