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Author Question: Keynesians have been critical of supply-side economics because it ignores a. the natural rate of ... (Read 99 times)

darbym82

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on: Jun 30, 2018
Keynesians have been critical of supply-side economics because it ignores
 
  a. the natural rate of unemployment
  b. exogenous supply-shocks
  c. distributional issues.
  d. the costs of high inflation.

Question 2

The Keynesian revolution
 
  a. was an attack on the classical supply-determined, full-employment theory of output and employment.
  b. attacked the quantity theory of money.
  c. shared with the classical model the belief that prices and wages are perfectly flexible.
  d. All of the above
  e. both a and b.


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lorealeza77

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

C

Answer to Question 2

E


darbym82

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Reply 2 on: Jun 30, 2018
Wow, this really help

elyse44

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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