[Answered] Real business cycle theorists agree with new Keynesian economists that a. agents maximize ...

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Author Question: Real business cycle theorists agree with new Keynesian economists that a. agents maximize ... (Read 134 times)

Themember4

Hero Member
Posts: 538

on: Jun 30, 2018

Real business cycle theorists agree with new Keynesian economists that

a. agents maximize utility.
b. the labor market do not clear.
c. AS shocks can play a big role in business cycles.
d. Both a and c.

Question 2

The value of labor is in skill, effort and knowledge.

Indicate whether the statement is true or false

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ntsoane kedibone

Sr. Member
Posts: 333

Reply #1 on: Jun 30, 2018

Answer to Question 1

D

Answer to Question 2

True

Themember4

Member
Posts: 538

Reply 2 on: Jun 30, 2018

Thanks for the timely response, appreciate it

pratush dev

Member
Posts: 321

Reply 3 on: Yesterday

TYSM

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