Transmission mechanisms are best described as A. the tendency for economic activ
ID: 1242614 • Letter: T
Question
Transmission mechanisms are best described as A. the tendency for economic activities to be coordinated at common points in time. B. how people choose to allocate consumption of goods, work, and leisure across time to maximize well being. C. investments which have a high value only under specific conditions. D. mechanisms that amplify shocks by transmitting them across time and sectors of the economy. 2. What relationship exists between recessions and oil price increases? A. There is no relationship between recessions and oil price increases. B. Oil prices tend to fall just prior to or coincident with the onset of a recession. C. Oil prices tend to rise just prior to or coincident with the onset of a recession. D. It is impossible to determine any relationship between recessions and oil price increases. 3. Which of the following is the correct economic terminology for rapid changes in economic conditions that have large effects on the productivity of capital and labor? A. shocks B. jolts C. bumps D. blocks 4. Which of the following types of investments would have a high value only under specific conditions? A. irreversible investments B. reversible investments C. inverted investments D. optimal investments 5. Time bunching is best described as A. the tendency for economic activities to be coordinated at common points in time. B. how people choose to allocate consumption of goods, work, and leisure across time to maximize well being. C. investments which have a high value only under specific conditions. D. mechanisms that amplify shocks by transmitting them across time and sectors of the economy. 6.Explanation / Answer
A. the tendency for economic activities to be coordinated at common points in time
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