This topic contains a solution. Click here to go to the answer

Author Question: According to Keynesian economics, fiscal policy should be coordinated to create a surplus during ... (Read 69 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
According to Keynesian economics, fiscal policy should be coordinated to create a surplus during economic expansions.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The view that decision-maker expectations are based on actual outcomes observed during the recent past is called the:
 a. rational expectations hypothesis.
  b. adaptive expectations hypothesis.
  c. permanent income theory.
  d. recognition lag.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

heyhey123

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

True

Answer to Question 2

b




roselinechinyere27m

  • Member
  • Posts: 557
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


cdmart10

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

For a complete list of videos, visit our video library