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

Author Question: Which of the following schools of thought believes that the major source of the macroeconomic ... (Read 182 times)

jho37

  • Hero Member
  • *****
  • Posts: 531
on: Jun 30, 2018
Which of the following schools of thought believes that the major source of the macroeconomic problems are the disequilibria in the private labor and goods market?
 a. Keynesians and new Keynesians
  b. Only monetarists
  c. Only new classical economists
  d. Monetarists and new classical economists
  e. Monetarists and Keynesians

Question 2

A tax is imposed on wine. Sellers will bear no burden from this tax if the:
 a. demand for wine is perfectly inelastic.
 b. demand for wine is perfectly elastic.
 c. demand for wine is unit elastic.
 d. supply curve for wine is perfectly inelastic.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Athena23

  • Sr. Member
  • ****
  • Posts: 305
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

a


jho37

  • Member
  • Posts: 531
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

debra928

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

On average, the ratio of carbon to nitrogen is much higher in terrestrial plants than in other major On average, the ratio of carbon to nitrogen is much higher in terrestrial plants than in other major
Major features of the Solar System (not to scale) Major features of the Solar System (not to scale)
Women who are monozygotic twins and have the same genes are more similar in their marital happiness Women who are monozygotic twins and have the same genes are more similar in their marital happiness
Honoré Daumier, Fight between Schools, Idealism and Realism. Honoré Daumier, Fight between Schools, Idealism and Realism.
Check heat source for temperature. Evaluate the amount of heat given off from the source using your ... Check heat source for temperature. Evaluate the amount of heat given off from the source using your ...
Potatoes are a good source of complex carbohydrates Potatoes are a good source of complex carbohydrates
Video: Fetal development - Weeks 9 to 38

For a complete list of videos, visit our video library