Economist Edward Prescott is associated with the

A) early spread of the old Keynesian approach.
B) creation of the "fooling" model.
C) creation of the first "New Classical" approach.
D) creation of the "real business cycle" model.

D

Economics

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Production points inside the production possibilities frontier

A) are unattainable. B) are attainable only with the full utilization of all resources. C) are associated with unused or misallocated resources. D) result in more rapid growth.

Economics

Discuss how taxes affect product and input markets

What will be an ideal response?

Economics