Author Question: According to real business cycle theory A) monetary policy is driving business cycles. B) ... (Read 103 times)

Beheh

  • Hero Member
  • *****
  • Posts: 520
According to real business cycle theory
 
  A) monetary policy is driving business cycles.
  B) Federal Reserve actions need to be watched closely.
  C) technology shocks have a major role in business cycles.
  D) cash-in-advance is necessarily to explain business cycles.

Question 2

In the Malthusian model of economic growth, an increase in the quantity of land
 
  A) increases steady state per capita consumption, and increases the steady state population.
  B) has no effect on steady state per capita consumption or on steady state population.
  C) has no effect on steady state per capita consumption, and increases the steady state population.
  D) increases per capita consumption, and reduces the steady state population.



kkenney

  • Sr. Member
  • ****
  • Posts: 352
Answer to Question 1

C

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

For a complete list of videos, visit our video library