“The Price-misperceptions Model and the Equilibrium Business-cycle Model.”-Explain the differences between the equilibrium business-cycle model and the price-misperceptions model

Discussion 2: “The Price-misperceptions Model and the Equilibrium Business-cycle Model.” Please respond to the following:

• Explain the differences between the equilibrium business-cycle model and the price-misperceptions model.
• Determine how the Internet affects the availability of market-clearing information on wage rates in the labor market.