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Author Question: Robert Lucas has popularized the notion that with respect to A) severity, business cycles are all ... (Read 59 times)

Chelseaamend

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on: Jun 30, 2018
Robert Lucas has popularized the notion that with respect to
 
  A) severity, business cycles are all alike.
  B) causation, business cycles are all alike.
  C) quantitative behavior of co-movements among series, business cycles are all alike.
  D) qualitative behavior of co-movements among series, business cycles are all alike.

Question 2

In the aggregate demand curve, the endogenous variable is ________.
 
  A) output
  B) inflation
  C) the real interest rate
  D) real money balances
  E) none of the above


patma1981

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

D

Answer to Question 2

A


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