Friedman and Johnson (1997) show that for a wide range of dynamic optimization problems, supermodularity is both necessary and sufficient for monotone static results. In the present context, this implies that our supermodular model requires the minimum set of assumptions to obtain monotonicity in the optimal decision variables.
2
The evidence presented here needs to be supplemented with information about inter- and intrafamily income transfers. This issue was addressed in a follow-up survey, but analysis of the results is not yet complete.
Answer:
that is the correct answer number 2 try that one
This would be an example of primary reinforcement
According to bureau of Labor statistics, Lucretia's unemployment would be categorized as cyclical unemployment.
<h3>The types of
unemployment.</h3>
According to bureau of Labor statistics, unemployment is divided into various types and these include the following;
- Frictional unemployment (FU).
- Structural unemployment (SU).
- Actual unemployment (AU).
- Cyclical unemployment (CU).
In this scenario, Lucretia's unemployment would be categorized as cyclical unemployment because it was as a result of an economic factor known as recession.
Read more on cyclical unemployment here: brainly.com/question/16287968
#SPJ1
