DSGE models that contain households and firms that are identical are known as

A. heterogeneous-agent models.
B. homogeneous-agent models.
C. dynamic models.
D. multi-layered models.


Answer: B

Business

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Favorite Memories is a small company that specializes in serving women over the age of 50 who are special occasion gift shoppers overlooked by major competitors. Which of the following best describes Favorite Memories' market coverage strategy?

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Business

A retailer uses a stock-counting-based physical inventory system. Its beginning inventory on January 1 is 370 units and total purchases in January are 155 units. Sales for January are 265 units

A physical count of goods as of February 1 reveals 243 units. Stock shortages for the period equal _____. a. 10 b. 17 c. 29 d. 98

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A company issued 5-year, 7% bonds with a par value of $100,000. The market rate when the bonds were issued was 6.5%. The company received $102,105 cash for the bonds. Using the straight-line method, the amount of recorded interest expense for the first semiannual interest period is:

A. $6,633.70. B. $3,500.00. C. $3,613,70. D. $7,000.00. E. $3,289.50.

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