« previous next »

Author Question: Agreeing with Keynesian economists, monetarists believe that the economy is subject to ... (Read 35 times)

fahad

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
Agreeing with Keynesian economists, monetarists believe that the economy is subject to disequilibrium that must be corrected by government action.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

When a good is taxed, the tax burden
 a. falls disproportionately on the side of the market that is more elastic.
 b. falls disproportionately on the side of the market that is more inelastic.
 c. falls disproportionately on the side of the market that is closer to unit elastic.
  d. is not impacted by the relative elasticities of supply and demand.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Liddy

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

A Subject Prepared for a Night’s Sleep in a Sleep Laboratory A Subject Prepared for a Night’s Sleep in a Sleep Laboratory
This chart illustrates the four quadrants in which we can place the relationships between the state This chart illustrates the four quadrants in which we can place the relationships between the state
Links to the World Economy Links to the World Economy
The Importance in the World Fossil Fuel Economy The Importance in the World Fossil Fuel Economy
A Tough Economy ...for students A Tough Economy ...for students
Favourite subject kindergarten Favourite subject kindergarten
Video: Dietary Cholesterol & LDL

For a complete list of videos, visit our video library