« previous next »

Author Question: Which of the following groups believes that the economy can achieve full employment without ... (Read 50 times)

ec501234

  • Hero Member
  • *****
  • Posts: 573
on: Jun 30, 2018
Which of the following groups believes that the economy can achieve full employment without inflation through tax reductions, lower resource prices, and deregulation?
 a. Classical school.
  b. Keynesian school.
  c. Neo-Keynesian school.
  d. Rational expectations school.
  e. Supply-side school.

Question 2

The Phillips curve:
 a. was relatively well-defined during the 1960s.
  b. demonstrates how to achieve stable economic growth.
  c. shows the trade-off between deficits and inflation.
  d. helps to stimulate entrepreneurial profits.
  e. becomes vertical at full employment.


quynhmickitran

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

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?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Full Moon Full Moon
Funeral Rituals and Practices among U.S. Cultural Groups Funeral Rituals and Practices among U.S. Cultural Groups
Common Physical and Mental Health Problems of Different Cultural Groups Common Physical and Mental Health Problems of Different Cultural Groups
Japan’s Economy and Society Japan’s Economy and Society
Carbonyl groups reaction type Carbonyl groups reaction type
What type of online info about a job candidate should employment mgmt consider when screening What type of online info about a job candidate should employment mgmt consider when screening
Video: Metabolic Rate, Heat and Thermoregulation - response to heat and cold stresses

For a complete list of videos, visit our video library