Author Question: Since the 1980s, a. monetarism reached its peak. b. the influence of the monetarists and ... (Read 41 times)

rayancarla1

  • Hero Member
  • *****
  • Posts: 571
Since the 1980s,
 
  a. monetarism reached its peak.
  b. the influence of the monetarists and Keynesians both eroded.
  c. monetarism re-established itself with a stable money/income relationship.
  d. monetarism declined in influence as Keyesian thought overtook it in influence.

Question 2

A piece of evidence in favor the Keynesian model would be that
 
  a. investment is very sensitive to changes in tax rates.
  b. changes in aggregate income cause changes in investment, but not vice versa.
  c. the aggregate price level is negatively correlated with income.
  d. all of the above.



Pswine

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

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.

For a complete list of videos, visit our video library