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

Author Question: Using the Keynesian aggregate expenditures model, which of the following is true? a. Macro ... (Read 62 times)

tfester

  • Hero Member
  • *****
  • Posts: 534
on: Jun 30, 2018
Using the Keynesian aggregate expenditures model, which of the following is true?
 a. Macro equilibrium may occur at levels of real GDP other than full-employment real GDP.
  b. At any macro equilibrium, the actual rate of unemployment must equal the natural rate of unemployment.
  c. If an economy is operating below full employment capacity, the Keynesian model indicates that lower wage rates will automatically adjust the economy back to full employment.
  d. All of these are correct.

Question 2

The exchange of one good for another, without the use of money, is known as:
 a. acquisitive exchange.
  b. liquidity.
  c. volatility.
  d. barter.
  e. currency.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Harbringer

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


tfester

  • Member
  • Posts: 534
Reply 2 on: Jun 30, 2018
Excellent

shewald78

  • Member
  • Posts: 340
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Lynx-hare interactions have served as a model system for the study of the effects o Lynx-hare interactions have served as a model system for the study of the effects o
Reed’s Erotic Stimulus Pathway Model Reed’s Erotic Stimulus Pathway Model
Giger and Davidhizar’s Transcultural Assessment Model. Giger and Davidhizar’s Transcultural Assessment Model.
Model of the purinosome Model of the purinosome
The epigenetic stem cell model proposes that both epigenetic changes The epigenetic stem cell model proposes that both epigenetic changes
The ABC model of flower development The ABC model of flower development
Video: Cellular Defects - Osteoblasts, Osteoclasts and Osteocytes

For a complete list of videos, visit our video library