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 28 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

dawsa925

  • Member
  • Posts: 326
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Some of the fastest growing religions in America are non-Judeo-Christian religions. This photograph Some of the fastest growing religions in America are non-Judeo-Christian religions. This photograph
Pronation and Supination Pronation–Lying prone (face downward); also turning the palm downward. Supi Pronation and Supination Pronation–Lying prone (face downward); also turning the palm downward. Supi
The Elastic Rebound Theory The Elastic Rebound Theory
Europe before the Great War Europe before the Great War
Children with Down syndrome have a small head, short, thick neck, flattened face, and a distinctive ... Children with Down syndrome have a small head, short, thick neck, flattened face, and a distinctive ...
Video: Oxygen - hemoglobin dissociation curve & Hemoglobin's affinity with oxygen - acidity

For a complete list of videos, visit our video library