This topic contains a solution. Click here to go to the answer

Author Question: In the real business cycle model, business cycles are a. efficient and do not represent lost ... (Read 131 times)

Diane

  • Hero Member
  • *****
  • Posts: 576
In the real business cycle model, business cycles are
 
  a. efficient and do not represent lost output.
  b. driven by technology shocks.
  c. occur when markets clear.
  d. all of the above.
  e. None of the above

Question 2

A simultaneous reduction in both taxes and the money stock will always
 
  a. increase interest rates.
  b. lower income and raise the interest rate.
  c. lower income and raise the interest rate.
  d. increase income.
  e. raise income and raise the interest rate.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

asware1

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

D

Answer to Question 2

A




Diane

  • Member
  • Posts: 576
Reply 2 on: Jun 30, 2018
Wow, this really help


amcvicar

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

For a complete list of videos, visit our video library