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

Author Question: Which of the following never assumes, either implicitly or explicitly, independence between nominal ... (Read 80 times)

abern

  • Hero Member
  • *****
  • Posts: 533
on: Jun 30, 2018
Which of the following never assumes, either implicitly or explicitly, independence between nominal and real variables?
 
  A) the AS curve
  B) the Phillips curve
  C) Okun's law
  D) the classical dichotomy
  E) none of the above

Question 2

In the Keynesian consumption function
 
  a. consumption is a constant fraction of income.
  b. the marginal propensity to consume is constant.
  c. disposable income determines consumption.
  d. All of the above
  e. None of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shailee

  • Sr. Member
  • ****
  • Posts: 392
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

D


abern

  • Member
  • Posts: 533
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

jomama

  • Member
  • Posts: 346
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

A toddler's developing motor skills allow the child to exert more independence and control over A toddler's developing motor skills allow the child to exert more independence and control over
This engraving by William Russell Birch shows Congress Hall (left), which was occupied by Congress f This engraving by William Russell Birch shows Congress Hall (left), which was occupied by Congress f
Many children learn not to express prejudice overtly but may feel it implicitly. Many children learn not to express prejudice overtly but may feel it implicitly.
Signing of the Declaration of Independence. Signing of the Declaration of Independence.
Older adulthood can be a time of independence and exploration as responsibilities diminish and the ... Older adulthood can be a time of independence and exploration as responsibilities diminish and the ...
Determine the nominal annual rate of interest of the following ordinary general annuity. Determine the nominal annual rate of interest of the following ordinary general annuity.
Video: Glomerular filtrate rate: pressures that affect GFR, NFP & GFR and blood composition

For a complete list of videos, visit our video library