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

Author Question: The classically-based models (classical, new classical, monetarist, real business cycle) all agree ... (Read 156 times)

Arii_bell

  • Hero Member
  • *****
  • Posts: 596
on: Jun 30, 2018
The classically-based models (classical, new classical, monetarist, real business cycle) all agree that
 
  a. markets always clear.
  b. monetary policy can affect output in the short-run but not the long-run.
  c. changes in aggregate drive most changes in output.
  d. stabilization policy is ineffective.
  e. None of the above

Question 2

Some economists argue that unemployment compensation increases the natural rate of unemployment because it increases the amount of time people spending finding new work while without work.
 
  Additionally, it makes unemployment more visible with the steady growth in urbanization. Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ebonylittles

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

True


Arii_bell

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


ebonylittles

  • Sr. Member
  • ****
  • Posts: 318
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

The nitrogen cycle. The five main parts of the nitrogen cycle are: The nitrogen cycle. The five main parts of the nitrogen cycle are:
Prevention programs for school based violence Prevention programs for school based violence
Accounts receivable cycle. Accounts receivable cycle.
Life cycle of Toxoplasma. Life cycle of Toxoplasma.
Business Intelligence, Analytics, and Data Science: A Managerial Perspective, 4th Edition Business Intelligence, Analytics, and Data Science: A Managerial Perspective, 4th Edition
Cladogram Based On DNA Sequence Cladogram Based On DNA Sequence
Video: Phases of mitosis

For a complete list of videos, visit our video library