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Author Question: New Keynesian economics assumes rational expectations and (Read 74 times)

Mimi

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Question 1

Supporters of supply-side economics claim that ________ tax policies were quite successful in stimulating the economy because throughout most of the 1980s, federal receipts continued to rise even though tax rates had been cut.


◦ Jimmy Carter's
◦ Gerald Ford's
◦ Ronald Reagan's
◦ Richard Nixon's

Question 2

New Keynesian economics assumes rational expectations and


◦ sticky prices and wages.
◦ flexible prices and wages.
◦ flexible prices, but sticky wages.
◦ flexible wages, but sticky prices.


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Marked as best answer by Mimi on Apr 19, 2019

ngr69

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Mimi

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Reply 2 on: Apr 19, 2019
Wow, this really help


mcabuhat

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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