Author Question: The New Keynesian model, is Keynesian in that ________. A) it assumes wages and prices are sticky ... (Read 67 times)

plus1

  • Hero Member
  • *****
  • Posts: 676
The New Keynesian model, is Keynesian in that ________.
 
  A) it assumes wages and prices are sticky
  B) changes in the money supply are taken to be the single most important influence on business movements
  C) the velocity of money is a constant
  D) expectations are assumed to be rational

Question 2

Commercial banks are financial intermediaries, as are ________.
 
  A) household savers
  B) state and local governments
  C) insurance companies
  D) organized exchanges



bdobbins

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

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 term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

For a complete list of videos, visit our video library