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

Author Question: The classical economists believe that prices and wages quickly adjust to keep the economy operating ... (Read 90 times)

joesmith1212

  • Hero Member
  • *****
  • Posts: 549
on: Jun 30, 2018
The classical economists believe that prices and wages quickly adjust to keep the economy operating at full employment.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

In Keynes's view, an excess quantity of money demanded causes people to:
 a. sell bonds and the interest rate rises. b. buy bonds and the interest rate falls.
  c. buy bonds and the interest rate rises. d. increase speculative balances.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ebenov

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

a


joesmith1212

  • Member
  • Posts: 549
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

mammy1697

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

To travel quickly, killer whales leap out of the water when swimming—a behaviour kn To travel quickly, killer whales leap out of the water when swimming—a behaviour kn
Mason Williams - Classical Gas Mason Williams - Classical Gas
Many diesel fuel additives increase the cetane rating which results in improved fuel economy. Many diesel fuel additives increase the cetane rating which results in improved fuel economy.
Testing an oxygen sensor using a DMM set on DC volts. With the engine operating in closed loop, ... Testing an oxygen sensor using a DMM set on DC volts. With the engine operating in closed loop, ...
Pavlov’s Original Classical Conditioning Procedure Pavlov’s Original Classical Conditioning Procedure
Use of diopter to adjust for problems of refraction Use of diopter to adjust for problems of refraction
Video: ACTH/Cortisol (glycogenolysis, protein catabolism, lipolysis and gluconeogenesis)

For a complete list of videos, visit our video library