According to the real business cycle theory business cycles
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Can be eliminated with appropriate monetary and fiscal policy
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Are natural and efficient reactions to changes in productivity
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Do not occur
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Occur infrequently
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Which of the following is a problem connected with general equilibrium analysis?
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Uniqueness problem
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Existence problem
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stability problem
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Which of the following is the least liquid asset?
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Machines
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Money
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Shares
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If external debt of country rises faster than its interest obligations, it is a case of:
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Dept trap
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Liquidity trap
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Poverty trap
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Masters, Inc., has sales of $44,500, costs of $15,840, depreciation expense of $2,640, and interest expense of $1,490. If the tax rate is 21 percent, what is the operating cash flow, or OCF?
(Do not round intermediate
calculations.)
Operating cash flow 19 378
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What is, in your estimation, the most critical imperatives for leaders as we conclude the second decade of the 21st century. Use examples, if you have them, from the industry in which you work.
Kindly be very detailed.
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The role of the progressive tax system as an autonomous fiscal stabilizer requires that the budget
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Should require actual deficits be equal to zero on average
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Should go into a surplus at appropriate points in the business cycle.
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Cannot have a structural deficit component
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Both a & b
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In real business cycle models, business cycles are caused by _________________, while in new Keynesian model business cycles are caused by _________________
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Aggregate demand ; Aggregate demand
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Aggregate demand ; Aggregate supply
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Aggregate supply; Aggregate demand
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According to the Keynesian model, the optimal fiscal policy is to
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Increase cyclical but not structural deficits during a recession
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Reduce cyclical and structural deficits during a recession
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Increase structural deficits during a recession
-
