Author Question: The argument that ________ receives strong support from the innovative policy response to the recent ... (Read 56 times)

serike

  • Hero Member
  • *****
  • Posts: 542
The argument that ________ receives strong support from the innovative policy response to the recent financial crisis.
 
  A) rules can be too rigid
  B) discretionary policies are vulnerable to the time-inconsistency problem
  C) money is the sole source of fluctuations in aggregate demand
  D) changes in policies can change the coefficients in macroeconometric models

Question 2

A market failure associated with Keynesian economics is
 
  A) pollution externalities.
  B) economic agents cannot agree on prices and wages that are socially efficient.
  C) insurance is imperfect.
  D) banking panics.



Moriaki

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

For a complete list of videos, visit our video library