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Author Question: In real business cycle models, business cycles are caused by ______, while in new Keynesian model, ... (Read 119 times)

jrubin

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In real business cycle models, business cycles are caused by ______, while in new Keynesian model, business cycles are caused by ________.
 
  a. aggregate demand; aggregate demand
  b. aggregate demand; aggregate supply.
  c. aggregate supply; aggregate demand.
  d. fiscal policy; monetary policy

Question 2

Unlike World War I (191418), the war debt of World War II (194145) was manageable and did not contribute to inflation.
 
  Indicate whether the statement is true or false



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Andromeda18

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Answer to Question 1

C

Answer to Question 2

False




jrubin

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


Liddy

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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