The Keynesian model is a good guide to ____ behavior and the classical model describes behavior in ______?

Related Mcqs:

Even though explicit contracts may lead to layoffs during recessions explicit contracts may still be efficient because such contracts ?

A. minimize negotiation costs B. minimize unemployment effects C. guarantee that only the least productive workers will be laid off. D. will equitable spread the layoffs among junior and senior workers...

If the income tax rate changes from 30% to 40% on income over Rs30,000 and a person’s income is Rs 31,000 then her marginal tax rate is ?

A. 30% B. 10% C. 70% D. 40%...

The relative-wage explanation for the existence of downwardly sticky wages emphasizes ?

A. the contention that workers in one industry may be unwilling to accept a wage cut unless they know that workers in other industries are receiving similar cuts B. employment contracts that stipulate workers’ wages usually for a period of one to three years C. unspoken agreements between workers and firms that firms will not … The relative-wage explanation for the existence of downwardly sticky wages emphasizes ?Read More...

All the following are types of monetary policy expect ?

A. a nominal money stock target B. a balanced budget C. an inflation target D. The pursuit of a target real interest rate...

The equilibrium rate of unemployment at any real wage, is the difference between ______ and ______?

A. those willing to work at the going wage labour demand B. labour demand those willing to work at the going wage C. labor demand, labor supply D. those willing to work at the going wage labor supply...