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Author Question: Increases in ________ typically lead to decreases in ________. A) the interest rate; saving B) ... (Read 136 times)

jwb375

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Increases in ________ typically lead to decreases in ________.
 
  A) the interest rate; saving
  B) disposable income; consumption
  C) autonomous consumption; consumption
  D) all of the above
  E) none of the above

Question 2

A classical objection to Keynesian sticky price models is that
 
  A) it is easier for firms to change prices rather than change output.
  B) it is cheaper for firms to change output rather than change prices.
  C) sticky price models are internally inconsistent.
  D) real shocks are more important than nominal shocks.



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aloop

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Answer to Question 1

E

Answer to Question 2

A




jwb375

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


amandalm

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

 

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