According to real business cycle theory
A) monetary policy is driving business cycles.
B) Federal Reserve actions need to be watched closely.
C) technology shocks have a major role in business cycles.
D) cash-in-advance is necessarily to explain business cycles.
Question 2
In the Malthusian model of economic growth, an increase in the quantity of land
A) increases steady state per capita consumption, and increases the steady state population.
B) has no effect on steady state per capita consumption or on steady state population.
C) has no effect on steady state per capita consumption, and increases the steady state population.
D) increases per capita consumption, and reduces the steady state population.
The sexual cycle of flowering plants involves alternation of sporophyte and gametophyte generations.
An overview of photosynthesis: cooperation of the light reactions and the Calvin cycle.
Serotonin and the Sleep–Waking Cycle
The world attempted to deal with Somalia as if it were a real country but painfully learned that Som
Replication Cycle of H I V
Krebs cycle