Microeconomics / Macroeconomics Theory Questions State Whether The Following Statements Are


Microeconomics / Macroeconomics Theory questions.

State whether the following statements are

True or False and Explain your answer.

P.S They are not linked to each other.

  • The introduction of a universal basic income would (other things being equal) unambiguously raise GDP in a New Keynesian model; but it would unambiguously lower GDP in a one-period competitive model.