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Author Question: One of the primary objections to the new classical model is that ________. A) firms could easily ... (Read 49 times)

magmichele12

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on: Jun 30, 2018
One of the primary objections to the new classical model is that ________.
 
  A) firms could easily get information about price movements and so would not be fooled for very long
  B) price is negatively related to quantity demanded, but positively related to quantity supplied
  C) business cycles are relatively brief in duration
  D) it failed to incorporate rational expectations into its presentation

Question 2

The federal government has encouraged home ownership through ________.
 
  A) an increase in home prices
  B) an increase in domestic interest rates
  C) a decrease in the implicit rent on residential housing
  D) allowing mortgage interest to be tax deductible


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Joc

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


magmichele12

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Dinolord

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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