The flaw of the Friedman model of the business cycle is that it
A) assumes away output fluctuations.
B) assumes complete wage rigidity.
C) assumes unrealistic fooling of workers.
D) requires procyclical wage movements and continuous labor market equilibrium.
C
Economics
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Which of the following long-term bonds has the lowest interest rate?
A) corporate Baa bonds B) U.S. Treasury bonds C) corporate Aaa bonds D) municipal bonds
Economics
Game theory is used to explain the pricing behavior of
A. perfect competition. B. monopolies. C. monopolistic competition. D. oligopolies.
Economics