« previous next »

Author Question: Models that focus on factors other than changes in the money supply to explain fluctuations in real ... (Read 70 times)

debasdf

  • Hero Member
  • *****
  • Posts: 570
on: Jun 29, 2018
Models that focus on factors other than changes in the money supply to explain fluctuations in real GDP are called
 
  A) rational expectations models. B) real business cycle models.
  C) nonmonetary business cycle models. D) short-run macroeconomic models.

Question 2

What is the relationship between total variable cost and marginal cost? Explain.
 
  What will be an ideal response?


fdliggud

  • Sr. Member
  • ****
  • Posts: 366
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

Marginal cost is the slope of the total variable cost curve. This is true because the slope of the total variable cost curve is the change in total variable cost divided by the change in output. By definition, this is equal to marginal cost.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

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

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Factors that contribute to the growth of family members. Factors that contribute to the growth of family members.
Shope’s Model of Young Driver Crash Risks The model shows that many factors contribute to crash ris Shope’s Model of Young Driver Crash Risks The model shows that many factors contribute to crash ris
Risk Factors for Cardiovascular Disease Risk Factors for Cardiovascular Disease
Oil supply and prices affect the economies of nations Oil supply and prices affect the economies of nations
Who's Policing the Food Supply? Who's Policing the Food Supply?
Factors Affecting the Affinity of Hb for O2 Factors Affecting the Affinity of Hb for O2
Video: Optic Nerve and Optic Disk Animation (Part 1 of 2)

For a complete list of videos, visit our video library