DSGE models are
A) similar to RBC models but allow for shocks other than productivity shocks.
B) similar to RBC models, but government spending shocks play a major role.
C) similar to Keynesian models except in the long run.
D) similar to Keynesian models except in the short run.
A
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In the figure above, the rightward shift from the demand for loanable funds curve DLF1 to the demand for loanable funds curve DLF2, could be the result of
A) a decrease in expected profit. B) a fall in the interest rate. C) an increase in wealth. D) a rise in the interest rate. E) an increase in expected profit.
With international trade, a country will export tires. Prior to international trade, the quantity of tires produced in the country ________ the quantity of tires consumed in the country
A) must be more than B) must be less than C) might be more than, less than, or equal to D) must equal
If an individual moves money from currency to a demand deposit account
A) M1 decreases and M2 stays the same. B) M1 stays the same and M2 increases. C) M1 stays the same and M2 stays the same. D) M1 increases and M2 stays the same.
Of the three types of price-discrimination, which yields the greatest profits to the firm?
A) first-degree price discrimination B) third-degree price discrimination C) zero-degree price discrimination D) second-degree price discrimination