Author Question: Real business cycle and new Keynesian models disagree upon a. whether people form their ... (Read 107 times)

fagboi

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Real business cycle and new Keynesian models disagree upon
 
  a. whether people form their expectations rationally.
  b. whether changes in unemployment are voluntary or involuntary.
  c. whether individuals engage in optimizing behavior at all times.
  d. whether changes in the money supply affect output in the long-run.

Question 2

At one time, people living in the U.S. were imprisoned or fined for not having legitimate work.
 
  Indicate whether the statement is true or false



IRincones

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Answer to Question 1

B

Answer to Question 2

True



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