This topic contains a solution. Click here to go to the answer

Author Question: During the 1970s and 1980s, macroeconomists were busy integrating the insights of which of the ... (Read 133 times)

Deast7027

  • Hero Member
  • *****
  • Posts: 538
During the 1970s and 1980s, macroeconomists were busy integrating the insights of which of the following into their ideas about the economy?
 
  A) real business cycle theory
  B) Keynesian theory
  C) supply side economics
  D) classical macroeconomics
  E) none of the above

Question 2

If the IS curve is relatively steep, then
 
  A) there can be no long-run tradeoff between inflation and unemployment.
  B) monetary policy cannot be very effective in changing GDP.
  C) rational expectations theory is probably correct.
  D) Ricardian equivalence most likely holds.
  E) budget deficits will not affect future capital accumulation.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ASDFGJLO

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

E

Answer to Question 2

B





 

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

For a complete list of videos, visit our video library