This topic contains a solution. Click here to go to the answer

Author Question: Among the pioneers of real business cycle theory is ________. A) Edward Prescott B) Robert Lucas ... (Read 72 times)

MGLQZ

  • Hero Member
  • *****
  • Posts: 579
Among the pioneers of real business cycle theory is ________.
 
  A) Edward Prescott
  B) Robert Lucas
  C) Robert Solow
  D) Paul Volcker

Question 2

A money supply increase in the New Keynesian model is not neutral because
 
  A) consumers are fooled into working harder.
  B) the real interest falls, the quantity of output demanded rises, and firms supply more output.
  C) productivity rises, increasing output supply.
  D) bank lending rises.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Missbam101

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

A

Answer to Question 2

C




MGLQZ

  • Member
  • Posts: 579
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Gracias!

 

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

For a complete list of videos, visit our video library