"Non-market-clearing" approaches to macroeconomics include
A) the original Keynesian model, but not the New Keynesian model.
B) the New Keynesian model, but not the original Keynesian model.
C) the original and New Keynesian models.
D) neither the original nor the new Keynesian models.
C
Economics
You might also like to view...
Alan purchases 10 percent fewer bags of chips when his income decreases by 5 percent. Based on only this information, we know that for Alan
A) chips are a normal good. B) chips are a complement to salsa. C) chips are a substitute for pretzels. D) chips are an inferior good. E) the price of chips fell.
Economics
Human wealth is a function (i.e., affected by changes in) of which of the following variables?
A) future expected income B) future expected taxes C) current interest rates D) all of the above E) none of the above
Economics