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 28 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
Gracias!

connor417

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Immunoglobulin G. (b) A ribbon model of the first complete IgG molecule to be crystallized Immunoglobulin G. (b) A ribbon model of the first complete IgG molecule to be crystallized
Model for evidence-based clinical decision making. Model for evidence-based clinical decision making.
Young adulthood brings the greatest number of role transitions and highest levels of demands than ... Young adulthood brings the greatest number of role transitions and highest levels of demands than ...
Roberts's Assessment, Crisis Intervention, and Trauma Treatment (ACT) model. Roberts's Assessment, Crisis Intervention, and Trauma Treatment (ACT) model.
Single-cell circulation model Single-cell circulation model
Flexible exchange rates are supposed to prevent long-term trade deficits. Flexible exchange rates are supposed to prevent long-term trade deficits.
Video: Factors that influence muscle tension - Sarcomere length and force, understretched and overstretched

For a complete list of videos, visit our video library