Author Question: Real business cycle and new Keynesian models disagree upon a. whether people form their ... (Read 98 times)

fagboi

  • Hero Member
  • *****
  • Posts: 535
Real business cycle and new Keynesian models disagree upon
 
  a. whether people form their expectations rationally.
  b. whether changes in unemployment are voluntary or involuntary.
  c. whether individuals engage in optimizing behavior at all times.
  d. whether changes in the money supply affect output in the long-run.

Question 2

At one time, people living in the U.S. were imprisoned or fined for not having legitimate work.
 
  Indicate whether the statement is true or false



IRincones

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

B

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

For a complete list of videos, visit our video library