This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Real business cycle theorists agree with new classical economists that a. agents maximize utility ... (Read 121 times)

jc611

  • Hero Member
  • *****
  • Posts: 552
on: Jun 30, 2018
Real business cycle theorists agree with new classical economists that
 
  a. agents maximize utility and form expectations rationally.
  b. the labor market do not clear.
  c. imperfect information plays a big role in business cycles.
  d. Both a and c

Question 2

The comparative advantage of the South was in
 
  (a) small farms producing for the local market.
  (b) plantation agriculture producing for export.
  (c) manufacturing.
  (d) shipbuilding and trades related to shipbuilding.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

otokexnaru

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

(b)


jc611

  • Member
  • Posts: 552
Reply 2 on: Jun 30, 2018
Gracias!

tandmlomax84

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

The life cycle of a flowering plant, illustrated by the genus Polygonum The life cycle of a flowering plant, illustrated by the genus Polygonum
The life cycle of Dictyostelium The life cycle of Dictyostelium
Chemical Agents and Treatments Chemical Agents and Treatments
Classification of Antihypertensive Agents Classification of Antihypertensive Agents
Phases of the Female Reproductive Cycle Phases of the Female Reproductive Cycle
Business Math Business Math
Video: Introduction to Sickle Cell Anemia

For a complete list of videos, visit our video library