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Author Question: In response to a positive technology shock, which prediction of the sticky price model is difficult ... (Read 141 times)

schs14

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In response to a positive technology shock, which prediction of the sticky price model is difficult to reconcile with the data?
 
  A) Output increases.
  B) Employment decreases.
  C) The price level decreases.
  D) Money is procyclical.

Question 2

The exogenous variable in the monetary policy curve is ________.
 
  A) the policy parameter,
  B) the real interest rate
  C) the autonomous component,
  D) the federal funds rate
  E) the inflation rate



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Mochi

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Answer to Question 1

A

Answer to Question 2

E




schs14

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Reply 2 on: Jun 30, 2018
:D TYSM


upturnedfurball

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Reply 3 on: Yesterday
Wow, this really help

 

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