Robert Lucas has popularized the notion that with respect to
A) severity, business cycles are all alike.
B) causation, business cycles are all alike.
C) quantitative behavior of co-movements among series, business cycles are all alike.
D) qualitative behavior of co-movements among series, business cycles are all alike.
D
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Which of these social sciences deals most with models of behavior rather than with thought processes?
A) psychology B) sociology C) psychiatry D) economics
An unexpected increase in aggregate demand
A) causes the price level to fall and the unemployment rate to rise. B) causes the price level to fall and the unemployment rate to fall. C) causes the price level to rise and the unemployment rate to rise. D) causes the price level to rise and the unemployment rate to fall.
Which nation is NOT one of the current members of the European Union?
A) Greece B) Germany C) Sweden D) Norway
Most modern financial centers use computers to match buyers and sellers. This absence of personal contact contradicts the definition of a market
Indicate whether the statement is true or false