Round 7: Tossup 14

PIGLOG functions perform a process named for this word in Deaton and Muellbauer’s regrettably-named AIDS Model. A process named for this word requires households with parallel Engel curves. Many DSGE models resolve a “problem” named for this word by positing a “representative agent.” Joan Robinson highlighted that problem named for this word by arguing that accumulated capital lacks a “natural unit” in the Two Cambridges Debate. A curve named for this adjective slopes (*) up in the “medium” run but is (-5[1])vertical in the long-run. (10[1])The Solow-Swan growth model uses a total production function described by this word. (-5[1])Two curves named for this word intersect in the Keynesian Cross. For 10 (10[1])points, the “A” in the AD-AS (10[2])model is what (10[1])adjective that describes the combined national supply and demand studied (10[1])in macroeconomics? ■END■

Back to tossups

Buzzes

Summary