Models that are similar to RBC models but allow for shocks other than productivity shocks are known as
A. Friedman models.
B. DSGE models.
C. Solow models.
D. Keynesian models.
Answer: B
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We consider the preferences of the consumer because
A) we want to understand the consumer's reaction to changing circumstances. B) we want to determine the best marketing strategy. C) the government wants to make the best consumption and leisure choice. D) the firm needs to determine what to produce.
What was the total for imports of goods in 2017?
a. -$2,361 billion b. -$1,183 billion c. $1,553 billion d. $1,537 billion
Every month, Carlos deposits $300 into an interest-bearing account managed by his broker, Megan. Megan pools the funds in Carlos’s account with funds from the accounts of other clients and invests them in short-term securities. Which statement is also true about this situation?
a. This is an example of a savings deposit account. b. This is an example of a demand deposit account. c. Carlos is allowed to write checks against his account, within certain limitations. d. Due to the account type, the funds Carlos has deposited have a low level of liquidity.
Which currency is most commonly traded?
What will be an ideal response?