1.Determine whether each of the following conditions is associated with Keynesian, Rational Expectations, or Real Business Cycle thought:

a.Optimizing behavior on the part of households and businesses in which relevant information is not ignored

b.The importance of total factor productivity in explaining equilibrium fluctuations in aggregate output

c.A commitment to modeling the dynamic movements of macroeconomic variables

d.The idea that macroeconomic equilibrium can occur and persist when the economy is not at full employment

e.The notion that macroeconomic models need to be recalibrated when there is a change in policy regime

f. The view that "in the long run, we are all dead"