This topic contains a solution. Click here to go to the answer

Author Question: The Keynesian approach to fiscal policy calls for: a. budget deficits during periods of ... (Read 86 times)

mpobi80

  • Hero Member
  • *****
  • Posts: 519
The Keynesian approach to fiscal policy calls for:
 a. budget deficits during periods of inflationary pressure.
  b. budget surpluses during periods of high unemployment.
  c. a balanced budget despite the state of the economy.
 d. tax cuts during recession.
 e. spending increases during inflation.

Question 2

A monopolistic competitive firm in the long run sets price equal to the minimum point on the long-run average cost curve.
 a. True
  b. False
  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

momolu

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

d

Answer to Question 2

False




mpobi80

  • Member
  • Posts: 519
Reply 2 on: Jun 30, 2018
Excellent


milbourne11

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

For a complete list of videos, visit our video library