Author Question: Which of the following schools of thought are policy interventionists favoring activist aggregate ... (Read 41 times)

CORALGRILL2014

  • Hero Member
  • *****
  • Posts: 525
Which of the following schools of thought are policy interventionists favoring activist aggregate demand management to stabilize output and employment?
 
  a. Keynesians
  b. Monetarism
  c. The new classical economics
  d. The classical economics
  e. None of the above

Question 2

Assume that the total deficit is 100 billion and the economy is above potential output.
 
  Now the level of economic activity falls back to its potential level output, leading to an decrease in tax revenues increase by 50 billion an increase in transfer payments fell by 10 billion. Then, what is the structural deficit? a. 100 billion
  b. 110 billion
  c. 150 billion
  d. 160 billion
  e. can't tell based on information given.



Kimmy

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

A

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

For a complete list of videos, visit our video library