Author Question: The classical framework is based on which of the following assumptions? A) many firms in the ... (Read 64 times)

jazziefee

  • Hero Member
  • *****
  • Posts: 505
The classical framework is based on which of the following assumptions?
 
  A) many firms in the economy
  B) no single firm can control prices
  C) in the long-run the quantity of factors supplied must be equal to the quantity of factors demanded
  D) all of the above
  E) none of the above

Question 2

Given the values in the table above, equilibrium output Y = ________ when the real interest rate r = 4.
 
  A) 26.6
  B) 0.65
  C) 14.6
  D) 5.65
  E) none of the above



firehawk60

  • Sr. Member
  • ****
  • Posts: 315
Answer to Question 1

D

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

For a complete list of videos, visit our video library