In DSGE models, the passage of "Obamacare" increased ________, which would be ________ shock today.
A) uncertainty; negative
B) health care costs; a positive transitory
C) worker productivity; real wage
D) certainty about health care costs; positive
E) government debt; positive TFP
Correct Answer:
Verified
Q6: "DSGE" stands for:
A) dynamic stochastic general equilibrium.
B)
Q7: The first DSGE models were called _
Q8: A constraint to complicated macroeconomic models has
Q10: Using the Cobb-Douglas production
Q11: An important element of almost every DSGE
Q11: Which of the following features are frequently
Q12: In a paper by Minneapolis Fed bank
Q17: An example of the limits of using
Q18: RBC stands for:
A) random bond currency.
B) rational
Q20: In the real business cycle models, business
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