New Keynesian Economics Refers to

question 69

Multiple Choice

New Keynesian economics refers to

• A)the IS-LM model.
• B)models of real business cycles with sticky prices.
• C)models that do not support a role for fiscal or monetary policy.
• D)the monetarist approach.
• E)the work of Milton Friedman.

---

Definitions:

SBA Loans

Loans backed by the Small Business Administration designed to help small businesses get started, expand, or recover.

7(a) Program

A U.S. Small Business Administration (SBA) loan program designed to provide financial assistance to small businesses.

Trade Credit

A business arrangement where a buyer is allowed to purchase goods or services and pay the supplier at a later scheduled date.

Intermediate-Term Credit

Intermediate-term credit involves loans or financial credit with a repayment period typically ranging from one to five years.