Which of the following models view changes in real supply-side factors as determinants of short-run fluctuations in output and employment?

a. New classical models
b. Political business cycle models
c. Keynesian models
d. Real business cycle models
e. none of the above

D

Economics

You might also like to view...

Other things constant, if the interest rate rises, people prefer to hold: a. less money because the opportunity cost of holding money has increased

b. more money because the opportunity cost of holding money has increased. c. less money because the opportunity cost of holding money has declined. d. more money because the opportunity cost of holding money has declined. e. the same amount of money because the opportunity cost of holding money is zero.

Economics

Which of the following would lead to a rightward shift of the money demand curve?

a. A decrease in the price level b. A decrease in output c. An open market sale of bonds by the Fed d. An increase in the price level e. An open market purchase of bonds by the Fed

Economics