Author Question: Research supporting the new Keynesian model finds that prices are ________. A) slow to adjust to ... (Read 55 times)

saraeharris

  • Hero Member
  • *****
  • Posts: 546
Research supporting the new Keynesian model finds that prices are ________.
 
  A) slow to adjust to aggregate demand shocks
  B) changed very frequently
  C) changed only infrequently
  D) not as flexible as wages

Question 2

Macroeconomic forecasting is made more difficult due to the fact that
 
  A) deviations from trend in real GDP are persistent.
  B) turning points are hard to predict.
  C) there is no regularity in comovements.
  D) consumption is smooth.



sierramartinez

  • Sr. Member
  • ****
  • Posts: 313
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

For a complete list of videos, visit our video library