In the very short run ________. A) the real interest rate will ...

[burchfield96]

In the very short run ________.
 
  A) the real interest rate will be affected by changes in the nominal rate
  B) monetary policy has an immediate effect on inflation
  C) the inflation rate is determined by the federal funds rate
  D) all of the above
  E) none of the above

Question 2

In the real business cycle model, unemployment is ________.
 
  A) costless to individual workers
  B) the result of higher productivity
  C) voluntary
  D) the result of higher wages

[djofnc]

Answer to Question 1

A

Answer to Question 2

C

[burchfield96]

Thanks for the timely response, appreciate it

[sultansheikh]

TYSM