This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Keynesians have been critical of supply-side economics because it ignores a. the natural rate of ... (Read 83 times)

darbym82

  • Hero Member
  • *****
  • Posts: 570
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lorealeza77

  • Sr. Member
  • ****
  • Posts: 356
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

E


darbym82

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
Wow, this really help

carlsona147

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

A 19-foot-long blue whale skull in the collections of the Smithsonian Museum of Natural History A 19-foot-long blue whale skull in the collections of the Smithsonian Museum of Natural History
Critical lab Values Critical lab Values
Relative rate test, calibrating the molecular clock, and calculating divergence dates. Relative rate test, calibrating the molecular clock, and calculating divergence dates.
Standing at the side and facing the head, apply deep circular effleurage over shoulder area using ... Standing at the side and facing the head, apply deep circular effleurage over shoulder area using ...
Who's Policing the Food Supply? Who's Policing the Food Supply?
Economics question Economics question
Video: Pressure volume relationships - Normal inspiration and expiration

For a complete list of videos, visit our video library