L15.2078 - Foundations of Macroeconomics (2024/2025)
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In the general equilibrium model, the decision to increase the discount rate:
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To evaluate past values in the present moment one must
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In the general equilibrium model, the balance in the money market can be modified
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In the classical model, because money is said to be “neutral”, this implies that:
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Following a proportional shock to the production function, it is assumed that
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The bond that is traded in the credit market must be
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In Walras' law
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In the transition from a partial equilibrium analysis to a global analysis of the economy
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If in the model with only one period it is verified that MPLc = 9 and MRSd,c = 12
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In the equilibrium of the model with only on period the relative value of leisure versus consumption
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