The new Keynesians emphasize the importance of
A) rational expectations.
B) the monetary growth rule.
C) real causes of the business cycle.
D) sticky wages and prices.
Answer: D
Economics
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A bank's reserve ratio is 5 percent and the bank has $1,000 in deposits. It's reserves amount to
a) $5. b) $50. c) $95. d) $950.
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In a figure, the consumer surplus is equal to the area ________ the ________ curve and ________ the price
A) above; demand; above B) below; supply; below C) below; demand; below D) below; demand; above E) above; supply; below
Economics