3-3)Explain what will happen to the money multiplier process if there is an increase in the reserve requirement?
October 5, 2020
with the aid of a diagram explain the effect of fixing a price.
October 5, 2020
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Real wage is pro cyclical with Keynesian model??/ classical model??, how about fluctuation in output are

Real wage is pro cyclical with Keynesian model??/ classical model??, how about fluctuation in output are

recurrent K-model, classical model??

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This is my question,

and this is my understanding about this question,

I know that Keynesian focused on Demand shock.

So I think real wage is not pro cyclical.

But I don’t have idea about fluctuation in Y are recurrent with KB model.

Also , I know classical model is about change in A.

So I think real wage is not pro cyclical with classical model.

But also I don’t know well about fluctuation in Y are recurrent.

Please help me to understand this question.

I don’t know why is it violate the honor code.

I don’t use any other sources.

This is my own question, and I just want to know explanation about this question

I

 

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