Author Question: The Keynesian AS curve differs from the classical AS curve in that: a. the classical AS curve ... (Read 63 times)

mia

  • Hero Member
  • *****
  • Posts: 564
The Keynesian AS curve differs from the classical AS curve in that:
 
  a. the classical AS curve assumes flexible nominal wages.
  b. the Keynesian AS curve is upward sloping.
  c. the Keynesian AS curve focuses on short-run behavior.
  d. b and c.
  e. all of the above.

Question 2

Davis and Huttenback (1982) find evidence to support the claim that the colonists were overtaxed by England.
 
  Indicate whether the statement is true or false



Eunice618

  • Sr. Member
  • ****
  • Posts: 350
Answer to Question 1

E

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

For a complete list of videos, visit our video library