Which of the following models argue that active stabilization policy can be beneficial?
a. The classicists
b. The new classicists
c. The monetarists
d. The real business cycle theorists
e. None of the above
E
Economics
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The rate at which one good can be converted technologically into another is called
A) the marginal rate of transformation. B) the marginal rate of substitution. C) the marginal product of labor. D) the rate of conversion.
Economics
The binary dependent variable model is an example of a
A) regression model, which has as a regressor, among others, a binary variable. B) model that cannot be estimated by OLS. C) limited dependent variable model. D) model where the left-hand variable is measured in base 2.
Economics