This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If prices in the New Keynesian model were perfectly flexible, then A) there would be a role for ... (Read 63 times)

corkyiscool3328

  • Hero Member
  • *****
  • Posts: 539
on: Jun 30, 2018
If prices in the New Keynesian model were perfectly flexible, then
 
  A) there would be a role for monetary policy.
  B) the output gap would be positive.
  C) the equilibrium real interest rate would be the natural rate of interest.
  D) the output gap would be negative.

Question 2

The slope of the output per worker function is equal to the
 
  A) marginal product of capital.
  B) marginal product of labor.
  C) savings rate.
  D) growth rate of the population.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kingdude89

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

A


corkyiscool3328

  • Member
  • Posts: 539
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

nathang24

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Model Organism Neurospora Model Organism Neurospora
Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896 Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896
Model for translocon function Model for translocon function
Model of proposed supercomplex of complexes I, III, and IV Model of proposed supercomplex of complexes I, III, and IV
The operon model, as proposed in 1961 by Jacob and Monod The operon model, as proposed in 1961 by Jacob and Monod
A model of the 70S ribosome based upon early structural data A model of the 70S ribosome based upon early structural data
Video: Types of disease resistance: innate defenses & immunity

For a complete list of videos, visit our video library