According to New Keynesian theory, fluctuations in the target interest rate are not a good explanation of the business cycle because the model predicts that

The current deficit minus net interest is called the

A) primary deficit. B) net current deficit. C) current surplus. D) primary current deficit.

The maple-syrup production industry was severely affected by a devastating ice storm in January 1998 . Quebec, which produces 75 percent of the world's maple syrup, and northern Vermont and western Maine suffered catastrophic damage to their maple

trees. These trees will take years to recover. Explain how this storm will affect each of the following markets: a . maple syrup market b. market for Hungry Jack brand breakfast syrup (a corn syrup based product substitute) c. market for Sue Bee brand honey d. market for Eggo brand waffles