DSGE Models That Contain Many Different Types of Households and Firms

question 20

Multiple Choice

DSGE models that contain many different types of households and firms are known as

• A)heterogeneous-agent models.
• B)homogeneous-agent models.
• C)dynamic models.
• D)multi-layered models.

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Definitions:

Cilia

Short, hairlike projections from the plasma membrane, occurring usually in larger numbers.

Zygospore

Thick-walled resting cell formed during sexual reproduction of zygospore fungi.

Ascocarp

Reproductive structure of the sac fungi (phylum Ascomycota).

Basidium

Clublike structure in which nuclear fusion, meiosis, and basidiospore production occur during sexual reproduction of club fungi.