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One potential weakness of the coordination failure model as an explanation of business cycles is tha

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One potential weakness of the coordination failure model as an explanation of business cycles is tha

One potential weakness of the coordination failure model as an explanation of business cycles is that
A) evidence supporting intertemporal substitution as an important determinant of labor supply is weak.
B) it requires that consumers not behave in a rational manner.
C) evidence supporting the existence of increasing returns at the aggregate level is weak.
D) it fails to explain several of the key business cycle regularities.

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Macroeconomics

Edition: 5^th

Author: Williamson

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Ao9 Author

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8 years ago

You're sharp, thanks!

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Gordis

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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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theMafia b.

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3 years ago

thank you

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