Author Question: Discuss what is meant by the neoclassical synthesis and explain how it emerged. What will be an ... (Read 41 times)

natalie2426

  • Hero Member
  • *****
  • Posts: 524
Discuss what is meant by the neoclassical synthesis and explain how it emerged.
 
  What will be an ideal response?

Question 2

Explain what is meant by liquidity preference.
 
  What will be an ideal response?



vkodali

  • Sr. Member
  • ****
  • Posts: 357
Answer to Question 1

This is the title given to what was believed to be the emerging consensus in economics.

Answer to Question 2

Liquidity preference is the phrase Keynes gave to money demand.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

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 heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

For a complete list of videos, visit our video library