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Q7: In a pay-as-you-go system,<br>A) the young transfer
Q26: According to real business cycle theorists, the
Q29: The zero lower bound is<br>A) the constraint
Q32: In a two-period model, as long as
Q34: An important critique of real business cycle
Q38: The real business cycle model best explains
Q38: Monetary aggregates are useful indirect measures of<br>A)
Q40: Distorting taxes can invalidate Ricardian equivalence because<br>A)
Q45: In a two-period model, holding everything else
Q48: The New Keynesian model has the property