According to research by Stock and Watson, the recent decline in volatility in many macroeconomic variables was a
A) sudden drop that occurred around 1984.
B) gradual decline throughout the 1980s.
C) sudden drop that occurred around 1990.
D) gradual decline throughout the 1990s.
A
Economics
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Explain why it is difficult to determine expected real rates of interest
What will be an ideal response?
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As the capital stock increases, ________. This means that the marginal product of capital (MPK) ________
A) the slope of the production function falls; declines B) the slope of the production function increases; goes up C) the slope of the production function falls; goes up D) the slope of the production function increases; declines E) none of the above
Economics