Author Question: Which of the following models has as its central idea that workers and firms have rational ... (Read 78 times)

lbcchick

  • Hero Member
  • *****
  • Posts: 550
Which of the following models has as its central idea that workers and firms have rational expectations?
 
  A) the new classical model B) the monetarist model
  C) the real business cycle model D) the new Keynesian model

Question 2

The new Keynesians emphasize the importance of
 
  A) rational expectations. B) sticky wages and prices.
  C) real causes of the business cycle. D) the monetary growth rule.



kusterl

  • Sr. Member
  • ****
  • Posts: 315
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?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

For a complete list of videos, visit our video library