Compared to the natives of Northern America, ownership of private ...

[mmm]

Compared to the natives of Northern America, ownership of private property rights was
 
  (a) more common to the Europeans than it was to the natives
  (b) more common to the Indians than to the Europeans.
  (c) the same.
  (d) of no value to either group.

Question 2

New Keynesians would agree with all of the following except
 
  a. stabilization policy can reduce the severity of business cycles.
  b. wages and prices are sticky.
  c. markets are perfectly competitive.
  d. market equilibrium is often suboptimal.

[dyrone]

Answer to Question 1

(a)

Answer to Question 2

C