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Ao9 Ao9
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8 years ago
We use a two-period model because
A) the business cycle has two phases: contraction and recovery.
B) this is the horizon of the politicians that formulate policy.
C) it is the simplest dynamic model.
D) we want to make a distinction between young and old households.
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Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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8 years ago
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Ao9 Author
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8 years ago
Expert Upwards Arrow Smiling Face with Open Mouth
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8 years ago
I'm assuming I was right? Wink Face Don't forget to mark as solved.
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