This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The classically-based models (classical, new classical, monetarist, real business cycle) all agree ... (Read 182 times)

Arii_bell

  • Hero Member
  • *****
  • Posts: 596
on: Jun 30, 2018
The classically-based models (classical, new classical, monetarist, real business cycle) all agree that
 
  a. markets always clear.
  b. monetary policy can affect output in the short-run but not the long-run.
  c. changes in aggregate drive most changes in output.
  d. stabilization policy is ineffective.
  e. None of the above

Question 2

Some economists argue that unemployment compensation increases the natural rate of unemployment because it increases the amount of time people spending finding new work while without work.
 
  Additionally, it makes unemployment more visible with the steady growth in urbanization. Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ebonylittles

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

True


Arii_bell

  • Hero Member
  • *****
  • Posts: 596
Reply #2 on: Jun 30, 2018
Thank you :)


ebonylittles

  • Sr. Member
  • ****
  • Posts: 318
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

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?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

A recombination-based map of one of the chromosomes of Drosophila A recombination-based map of one of the chromosomes of Drosophila
Sexual Response Cycle Sexual Response Cycle
The places on Tom’s body where touches elicited sensations in his phantom hand. (Based on ... The places on Tom’s body where touches elicited sensations in his phantom hand. (Based on ...
Classical complement activations. IgM and IgG3, IgG1, and IgG2 activate the classical pathway of ... Classical complement activations. IgM and IgG3, IgG1, and IgG2 activate the classical pathway of ...
Respirator decision logic based on the EPA method. It is very important to know when to use supplied ... Respirator decision logic based on the EPA method. It is very important to know when to use supplied ...
Cladogram Based On DNA Sequence Cladogram Based On DNA Sequence
Video: Negative Feedback Regulation of Blood Pressure

For a complete list of videos, visit our video library