« previous next »

Author Question: The Keynesian model differs from the classical model in that a. people do not have perfect ... (Read 111 times)

sc00by25

  • Hero Member
  • *****
  • Posts: 596
on: Jun 30, 2018
The Keynesian model differs from the classical model in that
 
  a. people do not have perfect information about the future in the Keynesian model.
  b. real wages are not flexible in the Keynesian model.
  c. monetary policy affects aggregate demand in the Keynesian model.
  d. expectations are crucial in the classical model.
  e. all of the above.

Question 2

Unlike business, government can coerce individuals to paying higher prices through taxes.
 
  Indicate whether the statement is true or false


maya.nigrin17@yahoo.com

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

True
14 In addition to human devastation, war influences the amount of real output, employment and prices by diverting resources away from private uses.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

sc00by25

  • Hero Member
  • *****
  • Posts: 596
Reply #2 on: Jun 30, 2018
Thank you :)


maya.nigrin17@yahoo.com

  • Sr. Member
  • ****
  • Posts: 324
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Model Organism Neurospora Model Organism Neurospora
Calcium consumption is essential for all people Calcium consumption is essential for all people
Human Heart Model Human Heart Model
A Simple Model of the Learning Process A Simple Model of the Learning Process
Homer: In the Western classical tradition Homer is the author of the Iliad and the Odyssey, and is ... Homer: In the Western classical tradition Homer is the author of the Iliad and the Odyssey, and is ...
A current model for protein secretion by prokaryotes A current model for protein secretion by prokaryotes
Video: Action potentials - electrical characteristics and generation

For a complete list of videos, visit our video library