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 131 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
:D TYSM

patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

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.

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?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

The Nitrogen Cycle The Nitrogen Cycle
Ascomycetes Life Cycle Ascomycetes Life Cycle
Factors affecting communication Factors affecting communication
The cell cycle. The cell cycle.
Five Factors of Personality and the Traits they Include Five Factors of Personality and the Traits they Include
Marketing: Real People, Real Choices Marketing: Real People, Real Choices
Video: Nucleic acid digestion - brush border enzymes, end products & transport mechanism

For a complete list of videos, visit our video library