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Author Question: Which of the following led a strong attack against mainstream macroeconomists during the 1970s? ... (Read 93 times)

deesands

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on: Jun 30, 2018
Which of the following led a strong attack against mainstream macroeconomists during the 1970s?
 
  A) Friedman and Phelps
  B) Hicks and Hansen
  C) Modigliani and Friedman
  D) Lucas, Barro, and Sargent

Question 2

Stagflation refers to
 
  A) a reduction in inflation.
  B) a simultaneous reduction in inflation and reduction in unemployment.
  C) a liquidity trap.
  D) reduction in the price level and a reduction in the unemployment rate.
  E) none of the above


alexanderhamilton

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

E


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