« previous next »

Author Question: If everyone expects prices to fall but they do not, then a. nothing happens. b. the IS curve ... (Read 51 times)

lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
on: Jun 30, 2018
If everyone expects prices to fall but they do not, then
 
  a. nothing happens.
  b. the IS curve shifts to the left and the AD curve shifts to the right.
  c. both IS and AD shift to the right.
  d. both IS and AD shift to the left.
  e. the IS curve shifts to the right, the AD curve shifts to the left.

Question 2

Which of the following statements is correct with respect to the debate between the Keynesians and new classical economists?
 
  a. Each side criticized monetarism
  b. The key source of disagreement centered on how people form their expectations.
  c. Both models believed that recessions were characterized by falling aggregate demand.
  d. Both believed that unanticipated changes in monetary policy could influence output.
  e. all of the above.


juwms

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

E


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

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?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Fall Fall
The adolescent growth spurt in humans is seen as a “bump” in the height curve and a “spike” in the h The adolescent growth spurt in humans is seen as a “bump” in the height curve and a “spike” in the h
An Inverted U Curve An Inverted U Curve
Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896 Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896
Oxygen dissociation curve Oxygen dissociation curve
The Frequency Distribution Curve of a Drug The Frequency Distribution Curve of a Drug
Video: Rh blood type and complications during pregnancy & Fertilization

For a complete list of videos, visit our video library