Which of the Following Features Are Frequently Included in Modern

question 2

Multiple Choice

Which of the following features are frequently included in modern DSGE models?
i. Nominal rigidities
ii. Complete markets
iii. Adjustment costs to capital

• A) i, ii, and iii
• B) i
• C) ii and iii
• D) i and ii
• E) i and iii

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Definitions:

Fish Traps

Engineered structures placed in aquatic environments designed to trap fish or other aquatic animals.

Microliths

Small stone tools, typically made by prehistoric peoples, used as spear points or in other sharp implements.

Flint

A hard, sedimentary cryptocrystalline form of the mineral quartz, historically used to make tools and weapons due to its ability to be chipped into sharp edges.

Farming Populations

Communities or groups of people primarily engaged in agricultural activities and the cultivation of food and crops.