The part of modern macroeconomics that is in least satisfactory shape
A) is in the area of aggregate demand.
B) is in the area of aggregate supply.
C) is in the area of international trade.
D) is in the area of inflation.
Correct Answer:
Verified
Q28: According to real business cycle theorists, each
Q29: Critics of real business cycle theory have
Q30: Real business cycle theorists tend to argue
Q31: Real business cycle theorists tend to argue
Q32: The existence of real business cycle theory
Q34: Since at least the 1930s, the mainstream
Q35: New Keynesian Economics suggests each of the
Q36: An example of an aggregate demand externality
Q37: In the standard view, fiscal deficits
A) stimulate
Q38: In the standard view, fiscal surpluses
A) contract
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