A) specifies financial markets as the primary cause of business cycles.
B) includes microeconomic foundations and does not rely on sticky wages or prices.
C) relies on sticky wages and prices but does not include microeconomic foundations.
D) uses the same microeconomic foundations as other macro models.
E) specifies shocks to technology cause business cycles.
G) A) and E)
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A) is theoretically possible, but has never been observed in practice.
B) may exist in the short run, but not in the long run.
C) exists in both the short run and the long run.
D) is part of the Keynesian sticky wage model.
E) may exist in the long run, but not in the short run.
G) C) and D)
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A) What causes sustained economic growth?
B) How should a labour contract be structured?
C) How should governments be elected?
D) What causes the health care industry to prosper?
E) What is the effect of penalties on crime?
G) A) and C)
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