This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: _____ is the theory that was popular before _____ changed the face of economics post Great ... (Read 66 times)

nelaaney

  • Hero Member
  • *****
  • Posts: 560
on: Jun 30, 2018
_____ is the theory that was popular before _____ changed the face of economics post Great Depression in the 1930s.
 a. Classical economics; Milton Friedman
  b. Keynesian economics; Monetarists
  c. Classical economics; Keynes
  d. Monetarist economics; Adam Smith
  e. Keynesian economics; Milton Friedman

Question 2

Ceteris paribus, if a 4 increase in price leads to a 6 increase in the quantity supplied, then:
 a. supply is elastic.
 b. supply is unit elastic.
 c. supply is inelastic.
 d. the supply curve is perfectly vertical.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcinincha279

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

a


nelaaney

  • Member
  • Posts: 560
Reply 2 on: Jun 30, 2018
:D TYSM

meow1234

  • Member
  • Posts: 333
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

(A) A 62-year-old patient with myxedema exhibiting marked edema of the face and a somnolent look. Th (A) A 62-year-old patient with myxedema exhibiting marked edema of the face and a somnolent look. Th
J. M. W. Turner, Rain, Steam, and Speed—The Great Western Railway. J. M. W. Turner, Rain, Steam, and Speed—The Great Western Railway.
Great Serpent Mound, Adams County, Ohio, Hopewell culture. Great Serpent Mound, Adams County, Ohio, Hopewell culture.
Front Panel on Sound Box of the Great Lyre with Bull’s Head Front Panel on Sound Box of the Great Lyre with Bull’s Head
economics economics
A Sociological Timeline of Major Figures in the Development of Sociological Theory, 1820–1960 A Sociological Timeline of Major Figures in the Development of Sociological Theory, 1820–1960
Video: Bulk flow - Factors that influence bulk flow

For a complete list of videos, visit our video library