Which of the Following Features Is/are Frequently Included in Modern

question 55

Multiple Choice

Which of the following features is/are frequently included in modern DSGE models?
i. Nominal rigidities
ii. Complete markets
iii. Homogeneity

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

---

Definitions:

Supplement Income

Additional income earned beyond the primary source of income, often used to meet extra expenses or save for future needs.

Going Rate

The current average or standard price for goods or services in a particular market or industry.

Lottery

A form of gambling involving the drawing of numbers at random for a prize.

Annuity

A financial instrument that provides a regular sequence of payments to a person, mainly serving as a source of income for those who have retired.