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

Author Question: In real business cycle models and new classical models a. monetary factors are responsible for ... (Read 122 times)

charchew

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
In real business cycle models and new classical models
 
  a. monetary factors are responsible for fluctuations in output and employment.
  b. changes in unemployment are involuntary.
  c. markets always clear.
  d. prices and wages are perfectly flexible.
  e. none of the above.

Question 2

Assume that the money stock is the intermediate target and money demand is totally interest- inelastic. Then, the
 
  a. LM schedule will be horizontal.
  b. LM curve schedule would be vertical.
  c. IS curve would be horizontal.
  d. None of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Pswine

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


charchew

  • Member
  • Posts: 579
Reply 2 on: Jun 30, 2018
Gracias!

essyface1

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Life cycle of Obelia, a colonial cnidarian. Life cycle of Obelia, a colonial cnidarian.
The hair cycle The hair cycle
Classical Conditioning and Systematic Desensitization Classical Conditioning and Systematic Desensitization
IPCC models are based on projections of growth IPCC models are based on projections of growth
Business Math Business Math
Life cycle of Pisum sativum Life cycle of Pisum sativum
Video: How to make cDNA Animation

For a complete list of videos, visit our video library